Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) Hits New 1-Year High – Here’s What Happened

Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $103.46 and last traded at $103.41, with a volume of 2065 shares changing hands. The stock had previously closed at $102.44.

Goldman Sachs MarketBeta U.S. Equity ETF Trading Up 0.6%

The firm has a market cap of $3.18 billion, a price-to-earnings ratio of 26.28 and a beta of 1.02. The stock’s 50 day moving average is $96.41 and its 200 day moving average is $95.10.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Qube Research & Technologies Ltd acquired a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the 2nd quarter worth approximately $42,000. Oak Harbor Wealth Partners LLC bought a new position in Goldman Sachs MarketBeta U.S. Equity ETF in the 4th quarter valued at approximately $51,000. O Shaughnessy Asset Management LLC raised its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 156.8% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 796 shares of the company’s stock valued at $75,000 after acquiring an additional 486 shares during the last quarter. Fifth Third Bancorp bought a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the first quarter valued at $120,000. Finally, Sage Financial Group Inc. bought a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the fourth quarter valued at $206,000.

About Goldman Sachs MarketBeta U.S. Equity ETF

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