Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Shares Up 8% – What’s Next?

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) was up 8% during mid-day trading on Tuesday . The company traded as high as $54.61 and last traded at $58.12. Approximately 371 shares were traded during trading, a decline of 99% from the average daily volume of 30,140 shares. The stock had previously closed at $53.83.

Goldman Sachs MarketBeta International Equity ETF Stock Performance

The firm has a market cap of $819.55 million, a P/E ratio of 16.96 and a beta of 0.88. The firm’s fifty day moving average is $58.41 and its 200 day moving average is $57.06.

Hedge Funds Weigh In On Goldman Sachs MarketBeta International Equity ETF

Several institutional investors and hedge funds have recently made changes to their positions in GSID. Bank of America Corp DE boosted its stake in Goldman Sachs MarketBeta International Equity ETF by 920.8% in the 4th quarter. Bank of America Corp DE now owns 32,593 shares of the company’s stock valued at $1,764,000 after purchasing an additional 29,400 shares during the period. LPL Financial LLC raised its stake in Goldman Sachs MarketBeta International Equity ETF by 8.6% in the fourth quarter. LPL Financial LLC now owns 40,799 shares of the company’s stock valued at $2,209,000 after purchasing an additional 3,218 shares in the last quarter. Townsquare Capital LLC raised its position in shares of Goldman Sachs MarketBeta International Equity ETF by 1.2% in the 4th quarter. Townsquare Capital LLC now owns 43,333 shares of the company’s stock valued at $2,346,000 after buying an additional 532 shares in the last quarter. Drive Wealth Management LLC raised its position in Goldman Sachs MarketBeta International Equity ETF by 1.2% during the fourth quarter. Drive Wealth Management LLC now owns 43,333 shares of the company’s stock valued at $2,346,000 after purchasing an additional 532 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in shares of Goldman Sachs MarketBeta International Equity ETF by 174.0% during the 3rd quarter. Jane Street Group LLC now owns 63,664 shares of the company’s stock worth $3,778,000 after buying an additional 40,429 shares during the last quarter.

Goldman Sachs MarketBeta International Equity ETF Company Profile

The Goldman Sachs MarketBeta International Equity ETF (GSID) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed markets ex-North American equities, selected and weighted by market capitalization. GSID was launched on May 12, 2020 and is managed by Goldman Sachs.