Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Sees Strong Trading Volume – Here’s Why

Shares of Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) saw an uptick in trading volume on Friday . 201 shares traded hands during mid-day trading, an increase of 1% from the previous session’s volume of 200 shares.The stock last traded at $50.55 and had previously closed at $51.21.

Goldman Sachs MarketBeta US 1000 Equity ETF Stock Down 1.3 %

The stock’s 50-day moving average price is $51.76 and its 200-day moving average price is $49.49. The company has a market capitalization of $1.82 billion, a price-to-earnings ratio of 25.43 and a beta of 1.01.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Goldman Sachs MarketBeta US 1000 Equity ETF stock. FMR LLC purchased a new stake in Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 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.