Goldman Sachs Future Planet Equity ETF (NYSEARCA:GSFP) Stock Price Up 0% – Still a Buy?

Shares of Goldman Sachs Future Planet Equity ETF (NYSEARCA:GSFP) shot up 0% during mid-day trading on Thursday . The stock traded as high as $33.78 and last traded at $33.7690. Approximately 554 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 1,469 shares. The stock had previously closed at $33.76.

Goldman Sachs Future Planet Equity ETF Stock Performance

The company has a 50 day moving average of $33.77 and a 200 day moving average of $33.77. The stock has a market capitalization of $10.97 million, a price-to-earnings ratio of 24.98 and a beta of 1.14.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Goldman Sachs Future Planet Equity ETF stock. Jane Street Group LLC increased its position in shares of Goldman Sachs Future Planet Equity ETF (NYSEARCA:GSFP) by 24.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,344 shares of the company’s stock after purchasing an additional 1,862 shares during the period. Jane Street Group LLC owned 2.49% of Goldman Sachs Future Planet Equity ETF worth $287,000 at the end of the most recent quarter.

About Goldman Sachs Future Planet Equity ETF

The Goldman Sachs Future Planet Equity ETF (GSFP) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively-managed fund of global companies that seek to address environmental problems. GSFP was launched on Jul 13, 2021 and is managed by Goldman Sachs.