Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Sees Strong Trading Volume – Should You Buy?

Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) saw an uptick in trading volume on Monday . 538 shares were traded during mid-day trading, a decline of 0% from the previous session’s volume of 540 shares.The stock last traded at $48.58 and had previously closed at $47.65.

Goldman Sachs MarketBeta US 1000 Equity ETF Trading Up 0.2 %

The stock has a market cap of $1.76 billion, a PE ratio of 25.81 and a beta of 1.03. The firm’s 50-day moving average price is $51.53 and its two-hundred day moving average price is $50.86.

Institutional Inflows and Outflows

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

Goldman Sachs MarketBeta US 1000 Equity ETF Company Profile

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.