Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) Sets New 1-Year High – Still a Buy?

Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $107.34 and last traded at $107.34, with a volume of 7493 shares changing hands. The stock had previously closed at $106.72.

Goldman Sachs MarketBeta U.S. Equity ETF Trading Up 0.5%

The business has a 50 day moving average of $103.28 and a 200-day moving average of $98.59. The firm has a market capitalization of $3.28 billion, a P/E ratio of 26.28 and a beta of 1.02.

Hedge Funds Weigh In On Goldman Sachs MarketBeta U.S. Equity ETF

A number of large investors have recently added to or reduced their stakes in GSUS. Ausdal Financial Partners Inc. boosted its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 3.7% in the 4th quarter. Ausdal Financial Partners Inc. now owns 12,352 shares of the company’s stock valued at $1,166,000 after buying an additional 438 shares during the last quarter. O Shaughnessy Asset Management LLC grew its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 156.8% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 796 shares of the company’s stock valued at $75,000 after buying an additional 486 shares during the last quarter. Qube Research & Technologies Ltd acquired a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF in the second quarter valued at approximately $42,000. Oak Harbor Wealth Partners LLC acquired a new position in Goldman Sachs MarketBeta U.S. Equity ETF in the 4th quarter valued at $51,000. Finally, Kestra Advisory Services LLC grew its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 9.4% in the first quarter. Kestra Advisory Services LLC now owns 6,425 shares of the company’s stock valued at $576,000 after acquiring an additional 552 shares in the last quarter.

Goldman Sachs MarketBeta U.S. Equity ETF Company Profile

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