Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

Posted by ABMN Staff on Nov 29th, 2024

Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $76.62 and traded as high as $82.82. Goldman Sachs MarketBeta U.S. Equity ETF shares last traded at $82.57, with a volume of 42,756 shares traded.

Goldman Sachs MarketBeta U.S. Equity ETF Price Performance

The firm has a market cap of $2.38 billion, a PE ratio of 26.59 and a beta of 1.01. The company’s 50 day moving average price is $80.00 and its 200 day moving average price is $76.62.

Institutional Investors Weigh In On Goldman Sachs MarketBeta U.S. Equity ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Orion Portfolio Solutions LLC increased its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 5.8% during the third quarter. Orion Portfolio Solutions LLC now owns 24,512 shares of the company’s stock worth $1,932,000 after acquiring an additional 1,347 shares during the period. Jane Street Group LLC acquired a new position in Goldman Sachs MarketBeta U.S. Equity ETF during the 3rd quarter worth $510,000. Integrated Wealth Concepts LLC increased its holdings in Goldman Sachs MarketBeta U.S. Equity ETF by 11.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 43,666 shares of the company’s stock worth $3,441,000 after purchasing an additional 4,457 shares during the period. FMR LLC raised its position in Goldman Sachs MarketBeta U.S. Equity ETF by 22.9% in the 3rd quarter. FMR LLC now owns 3,624 shares of the company’s stock valued at $286,000 after purchasing an additional 675 shares in the last quarter. Finally, Bensler LLC boosted its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 16.4% in the 3rd quarter. Bensler LLC now owns 3,285 shares of the company’s stock valued at $259,000 after buying an additional 462 shares during the period.

Goldman Sachs MarketBeta U.S. Equity ETF Company Profile

(Get Free Report)

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.