Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) Short Interest Down 38.4% in August

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 27,507 shares, a decrease of 38.4% from the July 30th total of 44,684 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily volume of 32,873 shares, the days-to-cover ratio is presently 0.8 days.

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF Price Performance

Shares of GGUS opened at $66.84 on Monday. The firm has a market capitalization of $447.83 million, a PE ratio of 35.28 and a beta of 1.18. The firm has a 50-day moving average price of $66.31 and a 200 day moving average price of $64.28. Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF has a 52-week low of $55.70 and a 52-week high of $69.46.

Institutional Trading of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF

A number of institutional investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. increased its stake in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 2.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,459,078 shares of the company’s stock valued at $220,205,000 after acquiring an additional 75,828 shares during the period. LPL Financial LLC boosted its stake in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 3.8% during the 4th quarter. LPL Financial LLC now owns 1,084,098 shares of the company’s stock valued at $69,014,000 after purchasing an additional 39,391 shares in the last quarter. Principal Securities Inc. increased its position in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 1.6% during the 4th quarter. Principal Securities Inc. now owns 214,241 shares of the company’s stock valued at $13,639,000 after purchasing an additional 3,433 shares during the period. Cetera Investment Advisers increased its position in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 5.7% during the 1st quarter. Cetera Investment Advisers now owns 134,681 shares of the company’s stock valued at $7,809,000 after purchasing an additional 7,235 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its stake in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 21.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 119,450 shares of the company’s stock worth $7,604,000 after buying an additional 21,466 shares in the last quarter.

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF Company Profile

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.