Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Hits New 1-Year High – Here’s What Happened

Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $53.15 and last traded at $53.15, with a volume of 628 shares trading hands. The stock had previously closed at $53.07.

Goldman Sachs MarketBeta US 1000 Equity ETF Price Performance

The company has a market capitalization of $1.91 billion, a P/E ratio of 25.43 and a beta of 1.01. The company has a fifty day moving average price of $52.02 and a 200 day moving average price of $50.41.

Hedge Funds Weigh In On Goldman Sachs MarketBeta US 1000 Equity ETF

A hedge fund recently bought a new stake in Goldman Sachs MarketBeta US 1000 Equity ETF stock. FMR LLC acquired a new position in Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 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.