Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Reaches New 12-Month High – Still a Buy?

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $77.42 and last traded at $77.15, with a volume of 2466 shares. The stock had previously closed at $76.66.

Goldman Sachs MarketBeta International Equity ETF Stock Performance

The firm has a fifty day moving average price of $75.38 and a 200 day moving average price of $73.89. The company has a market cap of $1.04 billion, a price-to-earnings ratio of 16.38 and a beta of 0.84.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Cornerstone Planning Group LLC bought a new stake in shares of Goldman Sachs MarketBeta International Equity ETF in the 1st quarter valued at about $76,000. World Investment Advisors acquired a new position in Goldman Sachs MarketBeta International Equity ETF during the first quarter worth approximately $255,000. Beacon Financial Advisory LLC bought a new stake in Goldman Sachs MarketBeta International Equity ETF in the first quarter valued at approximately $296,000. Citadel Advisors LLC bought a new stake in Goldman Sachs MarketBeta International Equity ETF in the third quarter valued at approximately $439,000. Finally, Sanctuary Advisors LLC bought a new stake in Goldman Sachs MarketBeta International Equity ETF in the first quarter valued at approximately $467,000.

About Goldman Sachs MarketBeta International Equity ETF

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