Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Sees Strong Trading Volume – Should You Buy?

Shares of Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) saw an uptick in trading volume on Monday . 538 shares were traded during mid-day trading, a decline of 0% from the previous session’s volume of 540 shares.The stock last traded at $48.58 and had previously closed at $47.65.

Goldman Sachs MarketBeta US 1000 Equity ETF Stock Performance

The business’s fifty day moving average is $51.53 and its two-hundred day moving average is $50.86. The company has a market cap of $1.76 billion, a P/E ratio of 25.81 and a beta of 1.03.

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

An institutional investor recently bought a new position 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) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and 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.