Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Sees Large Volume Increase – Still a Buy?

Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSAGet Free Report) saw unusually-high trading volume on Wednesday . Approximately 1,657 shares were traded during mid-day trading, an increase of 87% from the previous session’s volume of 886 shares.The stock last traded at $59.9250 and had previously closed at $59.61.

Goldman Sachs MarketBeta US 1000 Equity ETF Stock Performance

The stock has a market capitalization of $2.17 billion, a price-to-earnings ratio of 25.67 and a beta of 1.02. The business has a 50-day moving average of $58.84 and a 200-day moving average of $56.99.

Goldman Sachs MarketBeta US 1000 Equity ETF Company Profile

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The Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) is an exchange-traded fund that is based on the Solactive GBS United States 1000 index. The fund tracks an index of 1,000 US large-cap companies selected and weighted by market-cap. GUSA was launched on Apr 5, 2022 and is managed by Goldman Sachs.

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