Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) Sets New 12-Month High – Time to Buy?

Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $103.46 and last traded at $103.41, with a volume of 2065 shares traded. The stock had previously closed at $102.44.

Goldman Sachs MarketBeta U.S. Equity ETF Trading Up 0.5%

The company has a market cap of $3.16 billion, a PE ratio of 26.28 and a beta of 1.02. The firm’s 50-day simple moving average is $95.94 and its two-hundred day simple moving average is $94.96.

Institutional Trading of Goldman Sachs MarketBeta U.S. Equity ETF

Several large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 548.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,862 shares of the company’s stock valued at $819,000 after purchasing an additional 7,495 shares during the last quarter. World Equity Group Inc. purchased a new stake in Goldman Sachs MarketBeta U.S. Equity ETF during the 4th quarter valued at about $583,000. LifePlan Investment Advisors Inc. grew its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 16.0% during the 4th quarter. LifePlan Investment Advisors Inc. now owns 95,665 shares of the company’s stock valued at $9,031,000 after purchasing an additional 13,168 shares during the last quarter. CoreCap Advisors LLC grew its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 3.5% during the 4th quarter. CoreCap Advisors LLC now owns 464,093 shares of the company’s stock valued at $43,810,000 after purchasing an additional 15,767 shares during the last quarter. Finally, World Investment Advisors purchased a new stake in Goldman Sachs MarketBeta U.S. Equity ETF during the 4th quarter valued at about $2,568,000.

About Goldman Sachs MarketBeta U.S. Equity ETF

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