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

Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) saw an uptick in trading volume on Wednesday . 1,016 shares changed hands during mid-day trading, an increase of 298% from the previous session’s volume of 255 shares.The stock last traded at $52.45 and had previously closed at $52.11.

Goldman Sachs MarketBeta US 1000 Equity ETF Trading Up 0.7 %

The firm has a fifty day moving average of $51.99 and a two-hundred day moving average of $50.05. The company has a market capitalization of $1.89 billion, a PE ratio of 25.43 and a beta of 1.01.

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 bought a new position in Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,000 shares of the company’s stock, valued at approximately $50,000.

About Goldman Sachs MarketBeta US 1000 Equity ETF

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.