Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Stock Price Up 0.9% – Still a Buy?

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) shares rose 0.9% during trading on Monday . The company traded as high as $71.12 and last traded at $71.10. Approximately 7,400 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 48,019 shares. The stock had previously closed at $70.45.

Goldman Sachs MarketBeta International Equity ETF Price Performance

The stock has a market cap of $978.08 million, a PE ratio of 16.38 and a beta of 0.84. The business has a fifty day moving average of $72.48 and a 200 day moving average of $69.85.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. 3Chopt Investment Partners LLC purchased a new position in Goldman Sachs MarketBeta International Equity ETF in the third quarter valued at about $54,000. Citadel Advisors LLC acquired a new stake in Goldman Sachs MarketBeta International Equity ETF during the third quarter valued at approximately $439,000. Mariner LLC raised its stake in Goldman Sachs MarketBeta International Equity ETF by 2.6% during the fourth quarter. Mariner LLC now owns 6,954 shares of the company’s stock valued at $482,000 after buying an additional 176 shares in the last quarter. Sowell Financial Services LLC raised its stake in Goldman Sachs MarketBeta International Equity ETF by 16.5% during the third quarter. Sowell Financial Services LLC now owns 22,892 shares of the company’s stock valued at $1,524,000 after buying an additional 3,244 shares in the last quarter. Finally, Jane Street Group LLC raised its stake in Goldman Sachs MarketBeta International Equity ETF by 593.3% during the second quarter. Jane Street Group LLC now owns 40,183 shares of the company’s stock valued at $2,573,000 after buying an additional 34,387 shares in the last quarter.

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.