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

Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) shares saw unusually-high trading volume on Tuesday . Approximately 1,860 shares traded hands during trading, an increase of 410% from the previous session’s volume of 365 shares.The stock last traded at $53.14 and had previously closed at $53.04.

Goldman Sachs MarketBeta US 1000 Equity ETF Price Performance

The company has a market capitalization of $1.91 billion, a price-to-earnings ratio of 25.43 and a beta of 1.01. The business has a fifty day moving average price of $52.04 and a 200 day moving average price of $50.48.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Goldman Sachs MarketBeta US 1000 Equity ETF stock. FMR LLC bought 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 and Exchange Commission (SEC). The fund bought 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.