Goldman Sachs India Equity ETF (NASDAQ:GIND) Trading 0.2% Higher – Still a Buy?

Shares of Goldman Sachs India Equity ETF (NASDAQ:GIND) shot up 0.2% on Tuesday . The company traded as high as $25.29 and last traded at $25.22. 1,471 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 40,969 shares. The stock had previously closed at $25.16.

Goldman Sachs India Equity ETF Price Performance

The stock’s fifty day moving average price is $25.73 and its 200-day moving average price is $26.26. The firm has a market cap of $136.19 million, a PE ratio of 25.78 and a beta of 0.97.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Orange County Employees Retirement System acquired a new position in shares of Goldman Sachs India Equity ETF during the 4th quarter worth approximately $75,347,000. Circle Wealth Management LLC purchased a new position in Goldman Sachs India Equity ETF during the fourth quarter worth approximately $27,422,000. Goldman Sachs Group Inc. lifted its position in Goldman Sachs India Equity ETF by 61.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 735,423 shares of the company’s stock worth $19,419,000 after buying an additional 279,928 shares in the last quarter. Susquehanna International Group LLP acquired a new position in Goldman Sachs India Equity ETF during the third quarter worth $1,126,000. Finally, Jane Street Group LLC purchased a new stake in Goldman Sachs India Equity ETF in the 2nd quarter valued at $995,000.

Goldman Sachs India Equity ETF Company Profile

The Goldman Sachs India Equity ETF seeks to provide investment results that correspond to the performance of publicly traded securities of companies located in India.