Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Sees Large Volume Increase – Still a Buy?

Shares of Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSAGet Free Report) saw strong trading volume on Monday . 254 shares changed hands during trading, a decline of 19% from the previous session’s volume of 313 shares.The stock last traded at $59.50 and had previously closed at $59.75.

Goldman Sachs MarketBeta US 1000 Equity ETF Stock Down 0.2%

The stock has a market cap of $2.12 billion, a price-to-earnings ratio of 25.67 and a beta of 1.02. The company’s 50-day simple moving average is $58.46 and its 200-day simple moving average is $56.20.

About Goldman Sachs MarketBeta US 1000 Equity ETF

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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.

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