Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) Shares Down 0% – Here’s Why

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS)’s share price dropped 0% during mid-day trading on Wednesday . The company traded as low as $66.03 and last traded at $66.12. 873 shares traded hands during trading, a decline of 90% from the average session volume of 9,146 shares. The stock had previously closed at $66.14.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Trading Down 0.1%

The stock has a market capitalization of $431.34 million, a P/E ratio of 19.27 and a beta of 0.74. The firm’s fifty day moving average is $63.44 and its 200-day moving average is $59.72.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF stock. Goldman Sachs Group Inc. increased its holdings in shares of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) by 0.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,622,849 shares of the company’s stock after acquiring an additional 31,883 shares during the period. Goldman Sachs Group Inc. owned about 91.98% of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF worth $358,124,000 at the end of the most recent quarter.

About Goldman Sachs MarketBeta Russell 1000 Value Equity ETF

The Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) 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 value characteristics based on Russells style methodology. GVUS was launched on Nov 28, 2023 and is issued by Goldman Sachs.