Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) Trading Down 0% – What’s Next?

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) dropped 0% on Wednesday . The stock traded as low as $66.03 and last traded at $66.12. 873 shares changed hands during trading, a decline of 90% from the average daily volume of 9,146 shares. The stock had previously closed at $66.14.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Trading Down 0.0%

The stock has a market cap of $429.78 million, a PE ratio of 19.27 and a beta of 0.74. The business has a 50-day moving average price of $63.35 and a 200 day moving average price of $59.65.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF stock. Goldman Sachs Group Inc. grew its stake in shares of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) by 0.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,622,849 shares of the company’s stock after acquiring an additional 31,883 shares during the period. Goldman Sachs Group Inc. owned 91.98% of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF worth $358,124,000 at the end of the most recent reporting period.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Company Profile

The Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large- and mid-cap stocks selected from the Russell 1000 Index with the highest value characteristics based on Russells style methodology. GVUS was launched on Nov 28, 2023 and is issued by Goldman Sachs.