Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Reaches New 1-Year High – Time to Buy?

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) reached a new 52-week high on Tuesday . The company traded as high as $70.17 and last traded at $71.0590, with a volume of 6884 shares traded. The stock had previously closed at $69.3228.

Goldman Sachs MarketBeta International Equity ETF Price Performance

The firm has a 50-day moving average of $69.12 and a 200-day moving average of $67.02. The stock has a market cap of $956.88 million, a PE ratio of 16.38 and a beta of 0.84.

Hedge Funds Weigh In On Goldman Sachs MarketBeta International Equity ETF

Several hedge funds have recently modified their holdings of the stock. Vestmark Advisory Solutions Inc. bought a new position in shares of Goldman Sachs MarketBeta International Equity ETF during the third quarter worth $4,241,000. JPMorgan Chase & Co. lifted its stake in Goldman Sachs MarketBeta International Equity ETF by 1.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 60,795 shares of the company’s stock worth $4,047,000 after purchasing an additional 610 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new position in shares of Goldman Sachs MarketBeta International Equity ETF during the third quarter valued at about $4,008,000. Drive Wealth Management LLC grew its position in shares of Goldman Sachs MarketBeta International Equity ETF by 6.3% during the third quarter. Drive Wealth Management LLC now owns 44,029 shares of the company’s stock valued at $2,931,000 after purchasing an additional 2,626 shares in the last quarter. Finally, Jane Street Group LLC increased 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 purchasing an additional 34,387 shares during the last quarter.

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.