Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) Sees Large Decline in Short Interest

Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) was the recipient of a significant drop in short interest in July. As of July 31st, there was short interest totaling 1 shares, a drop of 88.9% from the July 15th total of 9 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 3,257 shares, the short-interest ratio is currently 0.0 days.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Stock Up 0.2%

BATS GSEE opened at $67.44 on Wednesday. The company’s 50 day moving average is $68.16 and its 200-day moving average is $65.07. Goldman Sachs MarketBeta Emerging Markets Equity ETF has a 12-month low of $51.98 and a 12-month high of $74.01. The firm has a market cap of $155.11 million, a P/E ratio of 15.21 and a beta of 0.61.

Institutional Investors Weigh In On Goldman Sachs MarketBeta Emerging Markets Equity ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of GSEE. Bank of America Corp DE purchased a new stake in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF during the first quarter worth $3,374,000. Citadel Advisors LLC raised its stake in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF by 82.1% during the 3rd quarter. Citadel Advisors LLC now owns 78,583 shares of the company’s stock valued at $4,364,000 after purchasing an additional 35,418 shares during the period. Commonwealth Equity Services LLC bought a new stake in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF during the 4th quarter valued at $1,869,000. OLD Mission Capital LLC lifted its holdings in Goldman Sachs MarketBeta Emerging Markets Equity ETF by 33.3% during the 4th quarter. OLD Mission Capital LLC now owns 93,439 shares of the company’s stock worth $5,260,000 after purchasing an additional 23,350 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in Goldman Sachs MarketBeta Emerging Markets Equity ETF during the 4th quarter worth about $320,000.

About Goldman Sachs MarketBeta Emerging Markets Equity ETF

The Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging-market equities, selected and weighted by market capitalization. GSEE was launched on May 12, 2020 and is managed by Goldman Sachs.