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 significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 43,966 shares, a growth of 56.6% from the March 15th total of 28,079 shares. Based on an average daily volume of 18,032 shares, the short-interest ratio is presently 2.4 days. Currently, 0.7% of the company’s shares are sold short.

Institutional Investors Weigh In On Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in GGUS. 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 acquiring an additional 457 shares during the period. Private Trust Co. NA raised its stake in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 1,539.6% in the 3rd quarter. Private Trust Co. NA now owns 5,755 shares of the company’s stock valued at $364,000 after acquiring an additional 5,404 shares during the period. Sowell Financial Services LLC raised its stake in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 114.4% in the 3rd quarter. Sowell Financial Services LLC now owns 35,177 shares of the company’s stock valued at $2,226,000 after acquiring an additional 18,772 shares during the period. Global Retirement Partners LLC raised its stake in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 111.8% in the 3rd quarter. Global Retirement Partners LLC now owns 4,965 shares of the company’s stock valued at $314,000 after acquiring an additional 2,621 shares during the period. Finally, CoreCap Advisors LLC raised its stake in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 128.1% in the 3rd quarter. CoreCap Advisors LLC now owns 14,698 shares of the company’s stock valued at $930,000 after acquiring an additional 8,253 shares during the period.

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF Price Performance

Shares of GGUS stock opened at $61.26 on Tuesday. The firm’s 50-day moving average is $60.25 and its two-hundred day moving average is $62.45. Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF has a 12 month low of $45.24 and a 12 month high of $66.12. The company has a market capitalization of $416.57 million, a PE ratio of 35.28 and a beta of 1.18.

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF Company Profile

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.