Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) Shares Up 14% – Here’s Why

Shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) shot up 14% on Thursday . The company traded as high as $43.49 and last traded at $49.02. 34 shares were traded during mid-day trading, a decline of 99% from the average session volume of 3,658 shares. The stock had previously closed at $42.98.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Trading Up 14.0%

The business has a fifty day simple moving average of $46.88 and a two-hundred day simple moving average of $45.48. The stock has a market cap of $112.73 million, a PE ratio of 14.18 and a beta of 0.60.

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

A hedge fund recently raised its stake in Goldman Sachs MarketBeta Emerging Markets Equity ETF stock. OLD Mission Capital LLC increased its stake in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) by 151.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,771 shares of the company’s stock after acquiring an additional 17,337 shares during the period. OLD Mission Capital LLC owned about 1.25% of Goldman Sachs MarketBeta Emerging Markets Equity ETF worth $1,298,000 as of its most recent filing with the Securities & Exchange Commission.

About Goldman Sachs MarketBeta Emerging Markets Equity ETF

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.