Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) Stock Price Down 2% – Should You Sell?

Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE)’s stock price fell 2% on Wednesday . The stock traded as low as $59.72 and last traded at $59.72. 906 shares were traded during trading, a decline of 85% from the average session volume of 6,085 shares. The stock had previously closed at $60.92.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Trading Down 2.0%

The stock has a market capitalization of $137.36 million, a PE ratio of 15.21 and a beta of 0.61. The stock’s fifty day simple moving average is $61.29 and its 200-day simple moving average is $58.01.

Institutional Investors Weigh In On Goldman Sachs MarketBeta Emerging Markets Equity ETF

A number of institutional investors have recently added to or reduced their stakes in GSEE. OLD Mission Capital LLC boosted its stake in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF by 33.3% in the 4th quarter. OLD Mission Capital LLC now owns 93,439 shares of the company’s stock worth $5,260,000 after buying an additional 23,350 shares during the last quarter. Jane Street Group LLC bought a new stake in Goldman Sachs MarketBeta Emerging Markets Equity ETF during the fourth quarter worth $320,000. Commonwealth Equity Services LLC purchased a new position in Goldman Sachs MarketBeta Emerging Markets Equity ETF in the fourth quarter worth $1,869,000. LPL Financial LLC boosted its position in Goldman Sachs MarketBeta Emerging Markets Equity ETF by 55.2% in the fourth quarter. LPL Financial LLC now owns 8,988 shares of the company’s stock worth $506,000 after purchasing an additional 3,195 shares during the last quarter. Finally, Citadel Advisors LLC grew its stake in Goldman Sachs MarketBeta Emerging Markets Equity ETF by 82.1% in the 3rd quarter. Citadel Advisors LLC now owns 78,583 shares of the company’s stock valued at $4,364,000 after purchasing an additional 35,418 shares during the period.

About Goldman Sachs MarketBeta Emerging Markets Equity ETF

The Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging-market equities, selected and weighted by market capitalization. GSEE was launched on May 12, 2020 and is managed by Goldman Sachs.