Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Reaches New 12-Month High – What’s Next?

Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) reached a new 52-week high during trading on Monday . The company traded as high as $52.60 and last traded at $52.60, with a volume of 44 shares trading hands. The stock had previously closed at $52.50.

Goldman Sachs MarketBeta US 1000 Equity ETF Price Performance

The company has a 50 day moving average price of $50.54 and a 200 day moving average price of $48.34. The firm has a market cap of $1.89 billion, a PE ratio of 25.43 and a beta of 1.01.

Hedge Funds Weigh In On Goldman Sachs MarketBeta US 1000 Equity ETF

A hedge fund recently bought a new stake in Goldman Sachs MarketBeta US 1000 Equity ETF stock. FMR LLC purchased a new stake in Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,000 shares of the company’s stock, valued at approximately $50,000.

About Goldman Sachs MarketBeta US 1000 Equity ETF

The Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) is an exchange-traded fund that is based on the Solactive GBS United States 1000 index. The fund tracks an index of 1,000 US large-cap companies selected and weighted by market-cap. GUSA was launched on Apr 5, 2022 and is managed by Goldman Sachs.