Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Sees Strong Trading Volume – Here’s What Happened

Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) shares saw an uptick in trading volume on Wednesday . 434 shares changed hands during trading, an increase of 82% from the previous session’s volume of 238 shares.The stock last traded at $52.28 and had previously closed at $52.68.

Goldman Sachs MarketBeta US 1000 Equity ETF Stock Performance

The company has a 50 day simple moving average of $52.01 and a two-hundred day simple moving average of $50.20. The company has a market cap of $1.89 billion, a PE ratio of 25.43 and a beta of 1.01.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Goldman Sachs MarketBeta US 1000 Equity ETF stock. FMR LLC bought a new position in shares of Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & 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.