Short Interest in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) Rises By 32.8%

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) was the recipient of a large growth in short interest in February. As of February 27th, there was short interest totaling 30,334 shares, a growth of 32.8% from the February 12th total of 22,842 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average trading volume of 30,544 shares, the short-interest ratio is currently 1.0 days. Based on an average trading volume of 30,544 shares, the short-interest ratio is currently 1.0 days. Approximately 0.5% of the shares of the company are sold short.

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF Stock Performance

NYSEARCA:GGUS opened at $60.14 on Tuesday. Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF has a 1 year low of $43.64 and a 1 year high of $66.12. The stock has a market cap of $366.85 million, a price-to-earnings ratio of 35.28 and a beta of 1.17. The business has a fifty day moving average of $62.12 and a 200-day moving average of $62.90.

Institutional Investors Weigh In On Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF

Institutional investors have recently bought and sold shares of the stock. Osaic Holdings Inc. grew its position in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 18.1% in the 2nd quarter. Osaic Holdings Inc. now owns 2,975 shares of the company’s stock valued at $172,000 after buying an additional 457 shares in the last quarter. Private Trust Co. NA raised its position in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 1,539.6% during the 3rd quarter. Private Trust Co. NA now owns 5,755 shares of the company’s stock worth $364,000 after buying an additional 5,404 shares in the last quarter. Sowell Financial Services LLC lifted its stake in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 114.4% in the 3rd quarter. Sowell Financial Services LLC now owns 35,177 shares of the company’s stock worth $2,226,000 after acquiring an additional 18,772 shares during the period. Global Retirement Partners LLC lifted its stake in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 111.8% in the 3rd quarter. Global Retirement Partners LLC now owns 4,965 shares of the company’s stock worth $314,000 after acquiring an additional 2,621 shares during the period. Finally, CoreCap Advisors LLC boosted its holdings in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 128.1% in the third quarter. CoreCap Advisors LLC now owns 14,698 shares of the company’s stock valued at $930,000 after acquiring an additional 8,253 shares in the last quarter.

About Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF

The Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS) 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 growth characteristics based on Russells style methodology. GGUS was launched on Nov 28, 2023 and is issued by Goldman Sachs.