Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) Trading Up 33% – What’s Next?

Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) shares shot up 33% during mid-day trading on Monday . The company traded as high as $43.4896 and last traded at $57.1690. 34 shares changed hands during trading, a decline of 99% from the average session volume of 3,635 shares. The stock had previously closed at $42.9772.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Trading Up 33.0%

The stock has a market cap of $131.49 million, a price-to-earnings ratio of 15.21 and a beta of 0.61. The company has a 50 day simple moving average of $56.87 and a 200-day simple moving average of $53.93.

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 boosted its position in Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) by 151.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,771 shares of the company’s stock after purchasing an additional 17,337 shares during the quarter. 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 and Exchange Commission (SEC).

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.