Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Reaches New 1-Year High – Here’s Why

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $78.55 and last traded at $78.35, with a volume of 1280 shares. The stock had previously closed at $78.43.

Goldman Sachs MarketBeta International Equity ETF Stock Performance

The firm has a market capitalization of $1.04 billion, a PE ratio of 16.38 and a beta of 0.84. The business’s 50 day moving average is $75.53 and its two-hundred day moving average is $74.03.

Hedge Funds Weigh In On Goldman Sachs MarketBeta International Equity ETF

Large investors have recently made changes to their positions in the stock. Mariner LLC grew its position in shares of Goldman Sachs MarketBeta International Equity ETF by 2.6% in the fourth quarter. Mariner LLC now owns 6,954 shares of the company’s stock valued at $482,000 after purchasing an additional 176 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Goldman Sachs MarketBeta International Equity ETF by 1.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 60,795 shares of the company’s stock worth $4,047,000 after purchasing an additional 610 shares during the period. Cornerstone Planning Group LLC bought a new position in Goldman Sachs MarketBeta International Equity ETF in the 1st quarter worth about $76,000. LPL Financial LLC boosted its stake in Goldman Sachs MarketBeta International Equity ETF by 2.6% in the 4th quarter. LPL Financial LLC now owns 73,055 shares of the company’s stock worth $5,064,000 after purchasing an additional 1,857 shares during the period. Finally, World Investment Advisors purchased a new position in Goldman Sachs MarketBeta International Equity ETF during the 1st quarter valued at about $255,000.

About Goldman Sachs MarketBeta International Equity ETF

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.