Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) Trading Up 2.2% – Should You Buy?

Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) rose 2.2% during mid-day trading on Thursday . The stock traded as high as $65.97 and last traded at $65.97. Approximately 476 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 6,333 shares. The stock had previously closed at $64.52.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Stock Up 2.2%

The company has a market cap of $151.73 million, a PE ratio of 15.21 and a beta of 0.61. The firm’s fifty day simple moving average is $61.67 and its 200-day simple moving average is $59.45.

Institutional Trading of Goldman Sachs MarketBeta Emerging Markets Equity ETF

Several institutional investors and hedge funds have recently modified their holdings of GSEE. Citadel Advisors LLC lifted its holdings in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF by 82.1% in the third 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 in the last quarter. Commonwealth Equity Services LLC purchased a new stake in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF in the fourth quarter valued at about $1,869,000. OLD Mission Capital LLC lifted its holdings in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF by 33.3% in the fourth quarter. OLD Mission Capital LLC now owns 93,439 shares of the company’s stock valued at $5,260,000 after purchasing an additional 23,350 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF in the fourth quarter valued at about $320,000. Finally, LPL Financial LLC lifted its holdings in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF by 55.2% in the fourth quarter. LPL Financial LLC now owns 8,988 shares of the company’s stock valued at $506,000 after purchasing an additional 3,195 shares in the last quarter.

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.