Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Sees Strong Trading Volume – Should You Buy?

Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) saw unusually-high trading volume on Thursday . Approximately 555 shares were traded during trading, an increase of 129% from the previous session’s volume of 242 shares.The stock last traded at $52.42 and had previously closed at $52.63.

Goldman Sachs MarketBeta US 1000 Equity ETF Stock Performance

The firm’s fifty day moving average price is $51.96 and its 200 day moving average price is $49.92. The firm has a market cap of $1.89 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 acquired a new stake in shares of Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). 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.