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

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 44,684 shares, an increase of 58.4% from the July 15th total of 28,213 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily volume of 15,313 shares, the days-to-cover ratio is presently 2.9 days.

Institutional Trading of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Kestra Advisory Services LLC bought a new position in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF in the fourth quarter worth $56,000. Cornerstone Planning Group LLC bought a new stake in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF in the 1st quarter valued at $75,000. Transamerica Financial Advisors LLC raised its stake in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 25.7% in the 4th quarter. Transamerica Financial Advisors LLC now owns 1,441 shares of the company’s stock valued at $92,000 after buying an additional 295 shares in the last quarter. Osaic Holdings Inc. raised its stake in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 18.1% in the 2nd quarter. Osaic Holdings Inc. now owns 2,975 shares of the company’s stock valued at $172,000 after buying an additional 457 shares in the last quarter. Finally, Sanctuary Advisors LLC lifted its holdings in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 28.9% during the 1st quarter. Sanctuary Advisors LLC now owns 5,124 shares of the company’s stock worth $297,000 after acquiring an additional 1,150 shares during the period.

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF Stock Down 1.8%

GGUS stock opened at $67.09 on Wednesday. Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF has a twelve month low of $55.70 and a twelve month high of $69.46. The company has a market cap of $449.50 million, a PE ratio of 35.28 and a beta of 1.18. The business’s 50-day simple moving average is $66.31 and its 200 day simple moving average is $64.03.

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.