Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) Stock Falls 0.9% – What’s Next?

Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) shares fell 0.9% on Thursday. The company traded as low as $64.77 and last traded at $65.81. 3,197 shares were traded during trading, a decline of 27% from the average daily volume of 4,381 shares. The stock had previously closed at $66.38.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Trading Down 0.9%

The stock has a market cap of $151.36 million, a P/E ratio of 15.21 and a beta of 0.61. The business has a 50-day simple moving average of $68.90 and a 200 day simple moving average of $67.62.

Institutional Trading of Goldman Sachs MarketBeta Emerging Markets Equity ETF

Hedge funds have recently bought and sold shares of the business. Integrated Wealth Concepts LLC purchased a new position in Goldman Sachs MarketBeta Emerging Markets Equity ETF during the second quarter worth about $170,000. Citadel Advisors LLC boosted its holdings in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF by 576.8% in the 2nd quarter. Citadel Advisors LLC now owns 33,292 shares of the company’s stock worth $2,348,000 after buying an additional 28,373 shares during the last quarter. Finally, Bank of America Corp DE bought a new position in Goldman Sachs MarketBeta Emerging Markets Equity ETF during the first quarter valued at about $3,374,000.

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.