Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Sees Large Volume Increase – Here’s What Happened

Shares of Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) saw unusually-high trading volume on Tuesday . Approximately 1,860 shares traded hands during trading, an increase of 410% from the previous session’s volume of 365 shares.The stock last traded at $53.14 and had previously closed at $53.04.

Goldman Sachs MarketBeta US 1000 Equity ETF Price Performance

The stock has a market cap of $1.91 billion, a P/E ratio of 25.43 and a beta of 1.01. The firm’s 50-day moving average price is $52.02 and its 200-day moving average price is $50.41.

Institutional Investors Weigh In On Goldman Sachs MarketBeta US 1000 Equity ETF

A hedge fund recently bought a new stake in Goldman Sachs MarketBeta US 1000 Equity ETF stock. FMR LLC acquired a new position in shares of Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 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.