Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) Sees Large Decrease in Short Interest

Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUSGet Free Report) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 49,523 shares, a drop of 34.4% from the June 30th total of 75,542 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 89,346 shares, the short-interest ratio is currently 0.6 days.

Goldman Sachs MarketBeta U.S. Equity ETF Price Performance

Goldman Sachs MarketBeta U.S. Equity ETF stock opened at $102.34 on Friday. The company’s 50 day simple moving average is $102.92 and its 200 day simple moving average is $97.92. Goldman Sachs MarketBeta U.S. Equity ETF has a fifty-two week low of $85.82 and a fifty-two week high of $105.04. The firm has a market capitalization of $3.13 billion, a price-to-earnings ratio of 26.28 and a beta of 1.02.

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

Several hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 548.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,862 shares of the company’s stock valued at $819,000 after buying an additional 7,495 shares during the period. World Investment Advisors bought a new stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF in the 4th quarter valued at $2,568,000. LifePlan Investment Advisors Inc. raised its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 16.0% during the 4th quarter. LifePlan Investment Advisors Inc. now owns 95,665 shares of the company’s stock worth $9,031,000 after buying an additional 13,168 shares during the period. Integrity Alliance LLC. acquired a new stake in Goldman Sachs MarketBeta U.S. Equity ETF during the 4th quarter worth $698,000. Finally, Envestnet Portfolio Solutions Inc. lifted its holdings 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 worth $58,231,000 after acquiring an additional 125,012 shares in the last quarter.

About Goldman Sachs MarketBeta U.S. Equity ETF

(Get Free Report)

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.

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