Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) Stock Price Up 1.4% – Here’s Why

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) shares were up 1.4% on Monday . The stock traded as high as $49.01 and last traded at $49.01. Approximately 127 shares were traded during trading, a decline of 99% from the average daily volume of 19,854 shares. The stock had previously closed at $48.32.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Trading Up 0.0 %

The company has a market capitalization of $401.53 million, a price-to-earnings ratio of 19.56 and a beta of 0.67. The stock’s fifty day simple moving average is $49.25 and its 200-day simple moving average is $49.06.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Tuesday, March 25th will be issued a $0.237 dividend. The ex-dividend date of this dividend is Tuesday, March 25th. This is a positive change from Goldman Sachs MarketBeta Russell 1000 Value Equity ETF’s previous dividend of $0.22.

Institutional Investors Weigh In On Goldman Sachs MarketBeta Russell 1000 Value Equity ETF

An institutional investor recently raised its position in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF stock. LPL Financial LLC grew its position in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) by 45.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,888 shares of the company’s stock after purchasing an additional 4,314 shares during the quarter. LPL Financial LLC owned approximately 0.13% of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF worth $660,000 at the end of the most recent reporting period.

About Goldman Sachs MarketBeta Russell 1000 Value Equity ETF

The Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large- and mid-cap stocks selected from the Russell 1000 Index with the highest value characteristics based on Russells style methodology.