Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Stock Price Up 9.6% – Here’s Why

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID)’s share price was up 9.6% during mid-day trading on Tuesday . The company traded as high as $54.61 and last traded at $58.98. Approximately 371 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 30,150 shares. The stock had previously closed at $53.83.

Goldman Sachs MarketBeta International Equity ETF Stock Performance

The stock has a market cap of $837.45 million, a price-to-earnings ratio of 16.99 and a beta of 0.88. The firm’s 50-day simple moving average is $56.93 and its two-hundred day simple moving average is $56.92.

Goldman Sachs MarketBeta International Equity ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 23rd were paid a dividend of $0.2906 per share. The ex-dividend date was Monday, December 23rd.

Hedge Funds Weigh In On Goldman Sachs MarketBeta International Equity ETF

Several large investors have recently bought and sold shares of GSID. Bank of America Corp DE raised its position in shares of Goldman Sachs MarketBeta International Equity ETF by 920.8% during the 4th quarter. Bank of America Corp DE now owns 32,593 shares of the company’s stock valued at $1,764,000 after acquiring an additional 29,400 shares during the last quarter. Jane Street Group LLC lifted its stake in Goldman Sachs MarketBeta International Equity ETF by 42.3% in the fourth quarter. Jane Street Group LLC now owns 90,595 shares of the company’s stock valued at $4,904,000 after buying an additional 26,931 shares during the period. Townsquare Capital LLC boosted its holdings in Goldman Sachs MarketBeta International Equity ETF by 1.2% during the fourth quarter. Townsquare Capital LLC now owns 43,333 shares of the company’s stock worth $2,346,000 after buying an additional 532 shares during the last quarter. LPL Financial LLC grew its position in shares of Goldman Sachs MarketBeta International Equity ETF by 8.6% during the 4th quarter. LPL Financial LLC now owns 40,799 shares of the company’s stock worth $2,209,000 after buying an additional 3,218 shares during the period. Finally, Drive Wealth Management LLC increased its stake in shares of Goldman Sachs MarketBeta International Equity ETF by 1.2% in the 4th quarter. Drive Wealth Management LLC now owns 43,333 shares of the company’s stock valued at $2,346,000 after acquiring an additional 532 shares during the last quarter.

About Goldman Sachs MarketBeta International Equity ETF

The Goldman Sachs MarketBeta International Equity ETF (GSID) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed markets ex-North American equities, selected and weighted by market capitalization. GSID was launched on May 12, 2020 and is managed by Goldman Sachs.