Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Sees Unusually-High Trading Volume – Time to Buy?

Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) saw strong trading volume on Thursday . 555 shares changed hands during trading, an increase of 129% from the previous session’s volume of 242 shares.The stock last traded at $52.42 and had previously closed at $52.63.

Goldman Sachs MarketBeta US 1000 Equity ETF Price Performance

The firm has a fifty day moving average of $51.99 and a two-hundred day moving average of $49.97. The stock has a market capitalization of $1.89 billion, a P/E ratio of 25.43 and a beta of 1.01.

Institutional Trading of 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 shares of Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor 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.