Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Trading Down 0.6% – What’s Next?

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID)’s stock price was down 0.6% on Wednesday . The stock traded as low as $75.10 and last traded at $75.18. Approximately 7,961 shares were traded during trading, a decline of 81% from the average daily volume of 41,526 shares. The stock had previously closed at $75.66.

Goldman Sachs MarketBeta International Equity ETF Trading Down 2.7%

The firm has a market capitalization of $979.28 million, a P/E ratio of 16.38 and a beta of 0.84. The business’s 50 day simple moving average is $73.46 and its two-hundred day simple moving average is $71.88.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of GSID. Cetera Investment Advisers bought a new position in shares of Goldman Sachs MarketBeta International Equity ETF during the 1st quarter valued at $7,430,000. Elevation Point Wealth Partners LLC grew its holdings in shares of Goldman Sachs MarketBeta International Equity ETF by 67.1% in the first quarter. Elevation Point Wealth Partners LLC now owns 176,787 shares of the company’s stock worth $12,356,000 after acquiring an additional 70,961 shares during the period. Vestmark Advisory Solutions Inc. purchased a new stake in Goldman Sachs MarketBeta International Equity ETF during the third quarter valued at $4,241,000. Keebeck Wealth Management purchased a new stake in shares of Goldman Sachs MarketBeta International Equity ETF during the 1st quarter valued at about $3,232,000. Finally, Jane Street Group LLC boosted its holdings in shares of Goldman Sachs MarketBeta International Equity ETF by 593.3% in the second quarter. Jane Street Group LLC now owns 40,183 shares of the company’s stock worth $2,573,000 after buying an additional 34,387 shares during the last quarter.

About Goldman Sachs MarketBeta International Equity ETF

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.