Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) Trading Up 2.2% – Should You Buy?

Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE)’s share price was up 2.2% during mid-day trading on Thursday . The company traded as high as $65.97 and last traded at $65.97. Approximately 476 shares traded hands during trading, a decline of 92% from the average daily volume of 6,333 shares. The stock had previously closed at $64.52.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Price Performance

The business’s 50 day moving average price is $61.67 and its 200-day moving average price is $59.45. The firm has a market capitalization of $151.73 million, a price-to-earnings ratio of 15.21 and a beta of 0.61.

Institutional Trading of Goldman Sachs MarketBeta Emerging Markets Equity ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. OLD Mission Capital LLC boosted its holdings in Goldman Sachs MarketBeta Emerging Markets Equity ETF by 33.3% during the fourth quarter. OLD Mission Capital LLC now owns 93,439 shares of the company’s stock worth $5,260,000 after buying an additional 23,350 shares in the last quarter. Jane Street Group LLC purchased a new stake in Goldman Sachs MarketBeta Emerging Markets Equity ETF during the fourth quarter worth about $320,000. Commonwealth Equity Services LLC purchased a new stake in Goldman Sachs MarketBeta Emerging Markets Equity ETF during the fourth quarter worth about $1,869,000. LPL Financial LLC boosted its holdings in Goldman Sachs MarketBeta Emerging Markets Equity ETF by 55.2% during the fourth quarter. LPL Financial LLC now owns 8,988 shares of the company’s stock worth $506,000 after buying an additional 3,195 shares in the last quarter. Finally, Citadel Advisors LLC boosted its holdings in Goldman Sachs MarketBeta Emerging Markets Equity ETF by 82.1% during the third quarter. Citadel Advisors LLC now owns 78,583 shares of the company’s stock worth $4,364,000 after buying an additional 35,418 shares in the last quarter.

About Goldman Sachs MarketBeta Emerging Markets Equity ETF

The Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging-market equities, selected and weighted by market capitalization. GSEE was launched on May 12, 2020 and is managed by Goldman Sachs.