Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) Sets New 1-Year High – Should You Buy?

Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $102.11 and last traded at $101.87, with a volume of 29323 shares traded. The stock had previously closed at $101.70.

Goldman Sachs MarketBeta U.S. Equity ETF Trading Up 0.7%

The company has a market cap of $3.13 billion, a price-to-earnings ratio of 26.28 and a beta of 1.02. The company has a fifty day moving average price of $94.51 and a two-hundred day moving average price of $94.53.

Institutional Trading of Goldman Sachs MarketBeta U.S. Equity ETF

Institutional investors have recently modified their holdings of the company. CWM LLC grew its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 76.7% during the 3rd quarter. CWM LLC now owns 318 shares of the company’s stock worth $29,000 after purchasing an additional 138 shares in the last quarter. Qube Research & Technologies Ltd acquired a new stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the 2nd quarter worth approximately $42,000. Oak Harbor Wealth Partners LLC acquired a new stake in Goldman Sachs MarketBeta U.S. Equity ETF in the 4th quarter valued at $51,000. O Shaughnessy Asset Management LLC boosted its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 156.8% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 796 shares of the company’s stock valued at $75,000 after buying an additional 486 shares in the last quarter. Finally, Fifth Third Bancorp acquired a new stake in Goldman Sachs MarketBeta U.S. Equity ETF in the 1st quarter valued at $120,000.

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.