Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Stock Price Down 1.5% – Should You Sell?

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) shares were down 1.5% on Monday . The company traded as low as $53.76 and last traded at $53.76. Approximately 1,038 shares changed hands during mid-day trading, The stock had previously closed at $54.57.

Goldman Sachs MarketBeta International Equity ETF Stock Down 1.5 %

The firm has a market capitalization of $758.04 million, a P/E ratio of 14.86 and a beta of 0.84. The firm’s 50-day simple moving average is $55.29 and its 200-day simple moving average is $56.65.

Goldman Sachs MarketBeta International Equity ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.2906 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Hedge Funds Weigh In On Goldman Sachs MarketBeta International Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of GSID. Flow Traders U.S. LLC raised its position in Goldman Sachs MarketBeta International Equity ETF by 63.7% in the 3rd quarter. Flow Traders U.S. LLC now owns 97,022 shares of the company’s stock worth $5,758,000 after purchasing an additional 37,745 shares during the period. Jane Street Group LLC lifted its stake in shares of Goldman Sachs MarketBeta International Equity ETF by 174.0% in the 3rd quarter. Jane Street Group LLC now owns 63,664 shares of the company’s stock valued at $3,778,000 after acquiring an additional 40,429 shares during the last quarter. Townsquare Capital LLC purchased a new stake in Goldman Sachs MarketBeta International Equity ETF during the 3rd quarter valued at about $2,540,000. Drive Wealth Management LLC grew its position in Goldman Sachs MarketBeta International Equity ETF by 1.3% during the 3rd quarter. Drive Wealth Management LLC now owns 42,801 shares of the company’s stock worth $2,540,000 after acquiring an additional 546 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in Goldman Sachs MarketBeta International Equity ETF in the 2nd quarter worth approximately $301,000.

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.