Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Hits New 1-Year High – Here’s What Happened

Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $53.15 and last traded at $53.15, with a volume of 628 shares traded. The stock had previously closed at $53.07.

Goldman Sachs MarketBeta US 1000 Equity ETF Price Performance

The company has a fifty day moving average of $52.02 and a 200-day moving average of $50.41. The firm has a market capitalization of $1.91 billion, a PE ratio of 25.43 and a beta of 1.01.

Hedge Funds Weigh In On Goldman Sachs MarketBeta US 1000 Equity ETF

An institutional investor recently bought a new position in Goldman Sachs MarketBeta US 1000 Equity ETF stock. FMR LLC bought a new position in shares of Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,000 shares of the company’s stock, valued at approximately $50,000.

Goldman Sachs MarketBeta US 1000 Equity ETF Company Profile

The Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) is an exchange-traded fund that is based on the Solactive GBS United States 1000 index. The fund tracks an index of 1,000 US large-cap companies selected and weighted by market-cap. GUSA was launched on Apr 5, 2022 and is managed by Goldman Sachs.