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 an uptick in trading volume on Wednesday . 434 shares were traded during mid-day trading, an increase of 82% from the previous session’s volume of 238 shares.The stock last traded at $52.28 and had previously closed at $52.68.

Goldman Sachs MarketBeta US 1000 Equity ETF Stock Performance

The firm has a market capitalization of $1.89 billion, a price-to-earnings ratio of 25.43 and a beta of 1.01. The stock’s fifty day moving average is $52.01 and its two-hundred day moving average is $50.20.

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 stake in Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) in the third quarter, according to its most recent filing with the SEC. The fund 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.