Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) Short Interest Update

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 24,309 shares, an increase of 64.9% from the December 15th total of 14,744 shares. Based on an average daily trading volume, of 15,413 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.4% of the company’s shares are short sold. Currently, 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 15,413 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Investors Weigh In On Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF

A number of large investors have recently modified their holdings of the stock. Sowell Financial Services LLC bought a new position in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF in the second quarter worth about $951,000. Syntegra Private Wealth Group LLC purchased a new position in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF in the 2nd quarter valued at approximately $224,000. Envestnet Asset Management Inc. lifted its stake in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 1.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 262,300 shares of the company’s stock valued at $15,204,000 after purchasing an additional 3,397 shares during the period. Osaic Holdings Inc. boosted its position in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 18.1% during the second quarter. Osaic Holdings Inc. now owns 2,975 shares of the company’s stock valued at $172,000 after purchasing an additional 457 shares in the last quarter. Finally, Private Trust Co. NA grew its stake in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 1,539.6% in the third quarter. Private Trust Co. NA now owns 5,755 shares of the company’s stock worth $364,000 after purchasing an additional 5,404 shares during the period.

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF Stock Down 0.1%

Shares of GGUS stock opened at $63.43 on Friday. The stock has a fifty day moving average of $63.64 and a 200 day moving average of $62.24. Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF has a 52 week low of $43.64 and a 52 week high of $66.12. The firm has a market capitalization of $399.61 million, a price-to-earnings ratio of 35.28 and a beta of 1.17.

About Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF

The Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large- and mid-cap stocks selected from the Russell 1000 Index with the highest growth characteristics based on Russells style methodology. GGUS was launched on Nov 28, 2023 and is issued by Goldman Sachs.