Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) Shares Down 0% – What’s Next?

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) shares were down 0% during trading on Tuesday . The company traded as low as $55.35 and last traded at $55.59. Approximately 2,617 shares traded hands during trading, a decline of 62% from the average daily volume of 6,871 shares. The stock had previously closed at $55.60.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Trading Down 0.0%

The business has a fifty day simple moving average of $56.37 and a 200 day simple moving average of $54.56. The stock has a market capitalization of $389.13 million, a P/E ratio of 19.27 and a beta of 0.80.

Institutional Trading of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. MGO One Seven LLC bought a new stake in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF during the 3rd quarter worth approximately $275,000. Sowell Financial Services LLC increased its holdings in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF by 62.1% during the 3rd quarter. Sowell Financial Services LLC now owns 18,180 shares of the company’s stock worth $951,000 after purchasing an additional 6,962 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF during the 2nd quarter worth approximately $674,000. Finally, Goldman Sachs Group Inc. increased its holdings in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF by 0.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 6,622,849 shares of the company’s stock worth $358,124,000 after purchasing an additional 31,883 shares in the last quarter.

About Goldman Sachs MarketBeta Russell 1000 Value Equity ETF

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