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

Shares of Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) hit a new 52-week high during trading on Tuesday . The company traded as high as $52.41 and last traded at $52.41, with a volume of 9 shares traded. The stock had previously closed at $52.13.

Goldman Sachs MarketBeta US 1000 Equity ETF Stock Down 0.6 %

The firm has a 50-day moving average price of $50.42 and a two-hundred day moving average price of $48.22. The company has a market capitalization of $1.88 billion, a P/E ratio of 25.43 and a beta of 1.01.

Institutional Trading of 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) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,000 shares of the company’s stock, valued at approximately $50,000.

Goldman Sachs MarketBeta US 1000 Equity ETF Company Profile

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.