Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Trading Down 0.5% – What’s Next?

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID)’s share price dropped 0.5% on Thursday . The company traded as low as $63.66 and last traded at $63.29. Approximately 1,518 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 26,558 shares. The stock had previously closed at $63.61.

Goldman Sachs MarketBeta International Equity ETF Stock Performance

The company has a market cap of $841.69 million, a P/E ratio of 16.38 and a beta of 0.84. The business’s fifty day moving average is $63.15 and its two-hundred day moving average is $59.47.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Townsquare Capital LLC raised its stake in shares of Goldman Sachs MarketBeta International Equity ETF by 1.2% during the fourth quarter. Townsquare Capital LLC now owns 43,333 shares of the company’s stock valued at $2,346,000 after purchasing an additional 532 shares during the period. LPL Financial LLC boosted its position in shares of Goldman Sachs MarketBeta International Equity ETF by 8.6% during the 4th quarter. LPL Financial LLC now owns 40,799 shares of the company’s stock valued at $2,209,000 after purchasing an additional 3,218 shares in the last quarter. Sowell Financial Services LLC purchased a new stake in Goldman Sachs MarketBeta International Equity ETF during the second quarter valued at about $1,258,000. Jane Street Group LLC lifted its position in shares of Goldman Sachs MarketBeta International Equity ETF by 42.3% in the fourth quarter. Jane Street Group LLC now owns 90,595 shares of the company’s stock worth $4,904,000 after purchasing an additional 26,931 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in shares of Goldman Sachs MarketBeta International Equity ETF by 920.8% in the 4th quarter. Bank of America Corp DE now owns 32,593 shares of the company’s stock valued at $1,764,000 after buying an additional 29,400 shares in the last quarter.

Goldman Sachs MarketBeta International Equity ETF Company Profile

The Goldman Sachs MarketBeta International Equity ETF (GSID) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed markets ex-North American equities, selected and weighted by market capitalization. GSID was launched on May 12, 2020 and is managed by Goldman Sachs.