Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Sees Unusually-High Trading Volume – Here’s What Happened

Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) saw unusually-high trading volume on Friday . Approximately 275 shares changed hands during trading, an increase of 25% from the previous session’s volume of 220 shares.The stock last traded at $53.01 and had previously closed at $52.80.

Goldman Sachs MarketBeta US 1000 Equity ETF Trading Up 0.4 %

The company has a 50 day simple moving average of $51.83 and a 200 day simple moving average of $49.76. The stock 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

A hedge fund recently bought a new stake in Goldman Sachs MarketBeta US 1000 Equity ETF stock. FMR LLC purchased a new position in Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,000 shares of the company’s stock, valued at approximately $50,000.

About Goldman Sachs MarketBeta US 1000 Equity ETF

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.