Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) saw unusually-strong trading volume on Wednesday . Approximately 9,800 shares traded hands during mid-day trading, an increase of 451% from the previous session’s volume of 1,778 shares.The stock last traded at $52.10 and had previously closed at $51.92.

Goldman Sachs MarketBeta US 1000 Equity ETF Stock Performance

The company has a market cap of $1.88 billion, a price-to-earnings ratio of 25.43 and a beta of 1.01. The firm’s 50-day moving average price is $49.58 and its 200 day moving average price is $47.69.

Institutional Investors Weigh In On 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 acquired a new position in shares of Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm 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.