Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Reaches New 12-Month High – Should You Buy?

Shares of Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) hit a new 52-week high on Tuesday . The company traded as high as $70.17 and last traded at $71.0590, with a volume of 6884 shares. The stock had previously closed at $69.3228.

Goldman Sachs MarketBeta International Equity ETF Stock Up 2.7%

The company has a market cap of $947.16 million, a price-to-earnings ratio of 16.38 and a beta of 0.84. The business has a fifty day simple moving average of $68.93 and a 200 day simple moving average of $66.91.

Institutional Investors Weigh In On Goldman Sachs MarketBeta International Equity ETF

Hedge funds have recently modified their holdings of the stock. Vestmark Advisory Solutions Inc. purchased a new position in Goldman Sachs MarketBeta International Equity ETF during the third quarter worth approximately $4,241,000. Elevation Point Wealth Partners LLC purchased a new stake in Goldman Sachs MarketBeta International Equity ETF during the third quarter valued at about $4,008,000. Jane Street Group LLC increased its stake in Goldman Sachs MarketBeta International Equity ETF by 593.3% during the second quarter. Jane Street Group LLC now owns 40,183 shares of the company’s stock worth $2,573,000 after acquiring an additional 34,387 shares during the last quarter. Sowell Financial Services LLC purchased a new stake in shares of Goldman Sachs MarketBeta International Equity ETF during the 2nd quarter worth about $1,258,000. Finally, Citadel Advisors LLC acquired a new stake in Goldman Sachs MarketBeta International Equity ETF during the 3rd quarter worth approximately $439,000.

Goldman Sachs MarketBeta International Equity ETF Company Profile

The Goldman Sachs MarketBeta International Equity ETF (GSID) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed markets ex-North American equities, selected and weighted by market capitalization. GSID was launched on May 12, 2020 and is managed by Goldman Sachs.