Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Trading Up 9.6% – What’s Next?

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) was up 9.6% during mid-day trading on Tuesday . The stock traded as high as $54.61 and last traded at $58.98. Approximately 371 shares traded hands during trading, a decline of 99% from the average daily volume of 30,150 shares. The stock had previously closed at $53.83.

Goldman Sachs MarketBeta International Equity ETF Stock Performance

The company has a 50-day simple moving average of $57.03 and a 200-day simple moving average of $56.94. The company has a market cap of $834.04 million, a price-to-earnings ratio of 16.99 and a beta of 0.88.

Goldman Sachs MarketBeta International Equity ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 23rd were issued a $0.2906 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Investors Weigh In On Goldman Sachs MarketBeta International Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of GSID. Drive Wealth Management LLC lifted its stake in Goldman Sachs MarketBeta International Equity ETF by 1.3% in the 3rd quarter. Drive Wealth Management LLC now owns 42,801 shares of the company’s stock valued at $2,540,000 after buying an additional 546 shares in the last quarter. Townsquare Capital LLC purchased a new stake in Goldman Sachs MarketBeta International Equity ETF in the 3rd quarter valued at approximately $2,540,000. Flow Traders U.S. LLC lifted its stake in shares of Goldman Sachs MarketBeta International Equity ETF by 63.7% during the 3rd quarter. Flow Traders U.S. LLC now owns 97,022 shares of the company’s stock worth $5,758,000 after purchasing an additional 37,745 shares during the period. Jane Street Group LLC lifted its stake in shares of Goldman Sachs MarketBeta International Equity ETF by 174.0% during the 3rd quarter. Jane Street Group LLC now owns 63,664 shares of the company’s stock worth $3,778,000 after purchasing an additional 40,429 shares during the period. Finally, LPL Financial LLC lifted its stake in shares of Goldman Sachs MarketBeta International Equity ETF by 8.6% during the 4th quarter. LPL Financial LLC now owns 40,799 shares of the company’s stock worth $2,209,000 after purchasing an additional 3,218 shares during the period.

Goldman Sachs MarketBeta International Equity ETF Company Profile

The Goldman Sachs MarketBeta International Equity ETF (GSID) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed markets ex-North American equities, selected and weighted by market capitalization. GSID was launched on May 12, 2020 and is managed by Goldman Sachs.