Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Shares Down 1.5% – Time to Sell?

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) shares were down 1.5% during mid-day trading on Monday . The company traded as low as $53.76 and last traded at $53.76. Approximately 1,038 shares traded hands during mid-day trading, The stock had previously closed at $54.57.

Goldman Sachs MarketBeta International Equity ETF Stock Down 1.5 %

The firm has a market cap of $758.04 million, a P/E ratio of 14.86 and a beta of 0.84. The business has a fifty day simple moving average of $55.29 and a 200-day simple moving average of $56.65.

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 $0.2906 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Trading of Goldman Sachs MarketBeta International Equity ETF

Hedge funds have recently made changes to their positions in the stock. Sanctuary Advisors LLC bought a new position in Goldman Sachs MarketBeta International Equity ETF in the 2nd quarter worth about $301,000. Drive Wealth Management LLC raised its holdings in Goldman Sachs MarketBeta International Equity ETF by 1.3% in the third quarter. Drive Wealth Management LLC now owns 42,801 shares of the company’s stock worth $2,540,000 after buying an additional 546 shares during the last quarter. Townsquare Capital LLC purchased a new position in Goldman Sachs MarketBeta International Equity ETF in the third quarter worth about $2,540,000. Flow Traders U.S. LLC lifted its stake in shares of Goldman Sachs MarketBeta International Equity ETF by 63.7% in the third quarter. Flow Traders U.S. LLC now owns 97,022 shares of the company’s stock worth $5,758,000 after buying an additional 37,745 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of Goldman Sachs MarketBeta International Equity ETF by 174.0% during the third quarter. Jane Street Group LLC now owns 63,664 shares of the company’s stock valued at $3,778,000 after buying an additional 40,429 shares during the last quarter.

Goldman Sachs MarketBeta International Equity ETF Company Profile

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.