Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) Shares Down 0.8% – What’s Next?

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS)’s share price dropped 0.8% on Tuesday . The stock traded as low as $48.68 and last traded at $48.74. Approximately 420 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 22,729 shares. The stock had previously closed at $49.15.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Price Performance

The stock has a market cap of $349.95 million, a P/E ratio of 19.06 and a beta of 0.67. The firm’s fifty day moving average price is $47.53 and its two-hundred day moving average price is $48.27.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF stock. LPL Financial LLC lifted its position in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) by 45.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 13,888 shares of the company’s stock after purchasing an additional 4,314 shares during the quarter. LPL Financial LLC owned about 0.13% of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF worth $660,000 at the end of the most recent quarter.

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.