Goldman Sachs Future Planet Equity ETF (NYSEARCA:GSFP) Shares Down 1.1% – Should You Sell?

Goldman Sachs Future Planet Equity ETF (NYSEARCA:GSFP) was down 1.1% during mid-day trading on Wednesday . The company traded as low as $31.24 and last traded at $31.24. Approximately 226 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 2,878 shares. The stock had previously closed at $31.58.

Goldman Sachs Future Planet Equity ETF Price Performance

The business has a 50 day simple moving average of $31.45 and a 200 day simple moving average of $31.88. The company has a market capitalization of $26.55 million, a price-to-earnings ratio of 25.77 and a beta of 1.15.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Goldman Sachs Future Planet Equity ETF stock. Jane Street Group LLC acquired a new position in shares of Goldman Sachs Future Planet Equity ETF (NYSEARCA:GSFP) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 7,482 shares of the company’s stock, valued at approximately $229,000. Jane Street Group LLC owned approximately 0.53% of Goldman Sachs Future Planet Equity ETF as of its most recent filing with the Securities & Exchange Commission.

Goldman Sachs Future Planet Equity ETF Company Profile

The Goldman Sachs Future Planet Equity ETF (GSFP) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively-managed fund of global companies that seek to address environmental problems. GSFP was launched on Jul 13, 2021 and is managed by Goldman Sachs.