Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) Short Interest Down 52.3% in January

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) was the target of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 1,121 shares, a drop of 52.3% from the January 15th total of 2,348 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 2,057 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 2,057 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Goldman Sachs Group Inc. boosted its position in shares of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF by 0.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 6,622,849 shares of the company’s stock valued at $358,124,000 after purchasing an additional 31,883 shares in the last quarter. Sowell Financial Services LLC lifted its position in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF by 40.3% during the fourth quarter. Sowell Financial Services LLC now owns 25,498 shares of the company’s stock valued at $1,379,000 after buying an additional 7,318 shares during the period. MGO One Seven LLC bought a new stake in shares of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF during the 3rd quarter valued at $275,000. Finally, Flow Traders U.S. LLC bought a new stake in shares of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF during the 2nd quarter valued at $674,000.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Stock Down 0.3%

Shares of GVUS traded down $0.20 during mid-day trading on Thursday, hitting $57.43. 98 shares of the company’s stock traded hands, compared to its average volume of 5,871. The firm has a market capitalization of $413.50 million, a P/E ratio of 19.27 and a beta of 0.83. The business’s 50-day moving average price is $55.45 and its 200-day moving average price is $53.20. Goldman Sachs MarketBeta Russell 1000 Value Equity ETF has a 1 year low of $42.81 and a 1 year high of $57.79.

About Goldman Sachs MarketBeta Russell 1000 Value Equity ETF

The Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) 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 value characteristics based on Russells style methodology. GVUS was launched on Nov 28, 2023 and is issued by Goldman Sachs.