Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) Hits New 12-Month High – Time to Buy?

Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUSGet Free Report)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $107.34 and last traded at $107.34, with a volume of 7493 shares changing hands. The stock had previously closed at $106.72.

Goldman Sachs MarketBeta U.S. Equity ETF Price Performance

The business’s 50-day moving average price is $103.45 and its two-hundred day moving average price is $98.74. The firm has a market cap of $3.28 billion, a price-to-earnings ratio of 26.28 and a beta of 1.02.

Institutional Inflows and Outflows

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

Goldman Sachs MarketBeta U.S. Equity ETF Company Profile

(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.

Further Reading

Receive News & Ratings for Goldman Sachs MarketBeta U.S. Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goldman Sachs MarketBeta U.S. Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.