Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) Stock Price Up 11.7% – Should You Buy?

Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE)’s share price rose 11.7% during mid-day trading on Monday . The company traded as high as $43.49 and last traded at $48.03. Approximately 34 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 3,724 shares. The stock had previously closed at $42.98.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Stock Performance

The stock’s 50 day moving average price is $45.04 and its 200-day moving average price is $45.09. The company has a market cap of $110.46 million, a PE ratio of 13.59 and a beta of 0.60.

Institutional Investors Weigh In On Goldman Sachs MarketBeta Emerging Markets Equity ETF

An institutional investor recently raised its position in Goldman Sachs MarketBeta Emerging Markets Equity ETF stock. OLD Mission Capital LLC increased its holdings in Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) by 151.6% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 28,771 shares of the company’s stock after purchasing an additional 17,337 shares during the period. OLD Mission Capital LLC owned approximately 1.25% of Goldman Sachs MarketBeta Emerging Markets Equity ETF worth $1,298,000 at the end of the most recent quarter.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Company Profile

The Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging-market equities, selected and weighted by market capitalization. GSEE was launched on May 12, 2020 and is managed by Goldman Sachs.