Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Sees Unusually-High Trading Volume – Still a Buy?

Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) shares saw an uptick in trading volume on Wednesday . 9,800 shares were traded during trading, an increase of 451% from the previous session’s volume of 1,778 shares.The stock last traded at $52.10 and had previously closed at $51.92.

Goldman Sachs MarketBeta US 1000 Equity ETF Trading Up 0.3 %

The firm has a market capitalization of $1.88 billion, a price-to-earnings ratio of 25.43 and a beta of 1.01. The company has a fifty day moving average price of $49.58 and a two-hundred day moving average price of $47.69.

Institutional Trading of Goldman Sachs MarketBeta US 1000 Equity ETF

An institutional investor recently bought a new position in Goldman Sachs MarketBeta US 1000 Equity ETF stock. FMR LLC bought a new stake in Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,000 shares of the company’s stock, valued at approximately $50,000.

About Goldman Sachs MarketBeta US 1000 Equity ETF

The Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) is an exchange-traded fund that is based on the Solactive GBS United States 1000 index. The fund tracks an index of 1,000 US large-cap companies selected and weighted by market-cap. GUSA was launched on Apr 5, 2022 and is managed by Goldman Sachs.