Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) Short Interest Update

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) saw a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 1,689 shares, an increase of 18.4% from the February 12th total of 1,427 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 414 shares, the short-interest ratio is presently 4.1 days. Based on an average trading volume of 414 shares, the short-interest ratio is presently 4.1 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On Goldman Sachs MarketBeta Russell 1000 Value Equity ETF

Several hedge funds have recently modified their holdings of the stock. MGO One Seven LLC acquired a new stake in shares of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF during the third quarter worth approximately $275,000. Flow Traders U.S. LLC bought a new stake in shares of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF during the second quarter valued at approximately $674,000. Sowell Financial Services LLC increased its holdings in shares of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF by 62.1% during the third quarter. Sowell Financial Services LLC now owns 18,180 shares of the company’s stock valued at $951,000 after purchasing an additional 6,962 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF by 0.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 6,622,849 shares of the company’s stock valued at $358,124,000 after buying an additional 31,883 shares during the period.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Price Performance

NYSEARCA:GVUS traded up $0.48 during trading hours on Monday, reaching $55.65. 2,257 shares of the company traded hands, compared to its average volume of 3,817. The stock has a market cap of $400.68 million, a P/E ratio of 19.27 and a beta of 0.83. The firm’s 50-day moving average is $56.68 and its 200-day moving average is $54.21. Goldman Sachs MarketBeta Russell 1000 Value Equity ETF has a 1-year low of $42.81 and a 1-year high of $57.89.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Company Profile

The Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large- and mid-cap stocks selected from the Russell 1000 Index with the highest value characteristics based on Russells style methodology. GVUS was launched on Nov 28, 2023 and is issued by Goldman Sachs.