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

Shares of Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) saw an uptick in trading volume on Wednesday . 3,024 shares traded hands during mid-day trading, an increase of 78% from the previous session’s volume of 1,699 shares.The stock last traded at $43.16 and had previously closed at $43.52.

Goldman Sachs MarketBeta US 1000 Equity ETF Stock Performance

The firm has a market capitalization of $1.67 billion, a P/E ratio of 22.16 and a beta of 1.03. The stock has a fifty day moving average price of $49.62 and a two-hundred day moving average price of $50.69.

Goldman Sachs MarketBeta US 1000 Equity ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Tuesday, March 25th were paid a dividend of $0.1458 per share. This is a positive change from Goldman Sachs MarketBeta US 1000 Equity ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Tuesday, March 25th.

Institutional Investors Weigh In On Goldman Sachs MarketBeta US 1000 Equity ETF

A hedge fund recently bought a new stake in Goldman Sachs MarketBeta US 1000 Equity ETF stock. FMR LLC acquired a new position in Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor 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.