Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS – Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 39,742 shares, an increase of 445.8% from the August 31st total of 7,281 shares. Based on an average trading volume of 148,277 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.
Goldman Sachs MarketBeta U.S. Equity ETF Trading Down 0.2%
GSUS opened at $106.23 on Friday. The company’s 50 day moving average is $105.26 and its 200-day moving average is $101.05. The company has a market cap of $3.25 billion, a P/E ratio of 26.28 and a beta of 1.02. Goldman Sachs MarketBeta U.S. Equity ETF has a 1-year low of $86.68 and a 1-year high of $107.67.
Institutional Trading of Goldman Sachs MarketBeta U.S. Equity ETF
Several institutional investors have recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. lifted its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 3.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 758,721 shares of the company’s stock valued at $78,224,000 after purchasing an additional 28,471 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Goldman Sachs MarketBeta U.S. Equity ETF by 3.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,192,043 shares of the company’s stock worth $329,100,000 after purchasing an additional 95,147 shares in the last quarter. NewEdge Advisors LLC increased its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 1.0% in the 2nd quarter. NewEdge Advisors LLC now owns 180,502 shares of the company’s stock valued at $18,610,000 after buying an additional 1,874 shares during the last quarter. Beacon Financial Advisory LLC increased its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 6.7% in the 2nd quarter. Beacon Financial Advisory LLC now owns 36,406 shares of the company’s stock valued at $3,753,000 after buying an additional 2,280 shares during the last quarter. Finally, Camelot Portfolios LLC bought a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the 2nd quarter worth approximately $676,000.
About Goldman Sachs MarketBeta U.S. Equity ETF
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.
Further Reading
- Five stocks we like better than Goldman Sachs MarketBeta U.S. Equity ETF
- Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks
- Paychex Plunges, Providing the Entry Investors Have Been Waiting For
- The Case for Buying High-Yield General Mills Just Strengthened
- SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story
Receive News & Ratings for Goldman Sachs MarketBeta U.S. Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goldman Sachs MarketBeta U.S. Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
