Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Sets New 1-Year High – Time to Buy?

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

Goldman Sachs MarketBeta US 1000 Equity ETF Trading Up 0.5 %

The firm has a fifty day moving average price of $50.28 and a 200 day moving average price of $48.15. The firm has a market cap of $1.89 billion, a PE 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 stake in Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) in the 3rd quarter, according to the company in its most recent filing with the Securities and 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.