Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) Hits New 52-Week High – Time to Buy?

Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUSGet Free Report)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $105.60 and last traded at $105.59, with a volume of 5457 shares changing hands. The stock had previously closed at $104.64.

Goldman Sachs MarketBeta U.S. Equity ETF Stock Performance

The company has a market capitalization of $3.25 billion, a price-to-earnings ratio of 26.28 and a beta of 1.02. The company has a 50-day moving average price of $102.96 and a 200-day moving average price of $98.03.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of GSUS. Ausdal Financial Partners Inc. raised its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 3.7% in the 4th quarter. Ausdal Financial Partners Inc. now owns 12,352 shares of the company’s stock valued at $1,166,000 after purchasing an additional 438 shares during the period. O Shaughnessy Asset Management LLC boosted its position 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 worth $75,000 after buying an additional 486 shares during the period. Qube Research & Technologies Ltd acquired a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the second quarter worth about $42,000. Oak Harbor Wealth Partners LLC bought a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the fourth quarter worth about $51,000. Finally, Kestra Advisory Services LLC grew its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 9.4% during the first quarter. Kestra Advisory Services LLC now owns 6,425 shares of the company’s stock worth $576,000 after buying an additional 552 shares in the last quarter.

Goldman Sachs MarketBeta U.S. Equity ETF Company Profile

(Get Free Report)

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.

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