Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) Short Interest Up 88.6% in June

Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 75,542 shares, a growth of 88.6% from the June 15th total of 40,064 shares. Based on an average daily trading volume, of 116,495 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On Goldman Sachs MarketBeta U.S. Equity ETF

A number of institutional investors have recently added to or reduced their stakes in GSUS. LPL Financial LLC boosted its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 5.6% during the 4th quarter. LPL Financial LLC now owns 5,951,529 shares of the company’s stock valued at $561,824,000 after purchasing an additional 314,313 shares in the last quarter. Principal Securities Inc. raised its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 3.8% in the 4th quarter. Principal Securities Inc. now owns 1,180,477 shares of the company’s stock worth $111,437,000 after buying an additional 42,793 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 10.4% in the fourth quarter. Morgan Stanley now owns 1,140,097 shares of the company’s stock valued at $107,625,000 after buying an additional 107,582 shares during the period. Cetera Investment Advisers lifted its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 6.1% in the fourth quarter. Cetera Investment Advisers now owns 666,715 shares of the company’s stock valued at $62,938,000 after buying an additional 38,038 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 25.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 616,858 shares of the company’s stock valued at $58,231,000 after buying an additional 125,012 shares in the last quarter.

Goldman Sachs MarketBeta U.S. Equity ETF Trading Up 0.4%

Shares of BATS:GSUS opened at $104.28 on Thursday. The company has a 50 day moving average of $102.81 and a 200-day moving average of $97.35. The firm has a market cap of $3.19 billion, a P/E ratio of 26.28 and a beta of 1.02. Goldman Sachs MarketBeta U.S. Equity ETF has a twelve month low of $85.82 and a twelve month high of $105.04.

Goldman Sachs MarketBeta U.S. Equity ETF Company Profile

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