Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) Trading Up 0.7% – What’s Next?

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) shares rose 0.7% on Friday . The stock traded as high as $60.83 and last traded at $60.69. Approximately 1,432 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 7,617 shares. The stock had previously closed at $60.27.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Trading Up 0.7%

The stock’s 50-day moving average price is $57.45 and its 200-day moving average price is $55.96. The company has a market cap of $406.62 million, a P/E ratio of 19.27 and a beta of 0.79.

Institutional Investors Weigh In On Goldman Sachs MarketBeta Russell 1000 Value Equity ETF

An institutional investor recently raised its position in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF stock. Goldman Sachs Group Inc. grew its stake in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) by 0.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,622,849 shares of the company’s stock after purchasing an additional 31,883 shares during the quarter. Goldman Sachs Group Inc. owned approximately 91.98% of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF worth $358,124,000 at the end of the most recent reporting period.

About Goldman Sachs MarketBeta Russell 1000 Value Equity ETF

The Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) 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 value characteristics based on Russells style methodology. GVUS was launched on Nov 28, 2023 and is issued by Goldman Sachs.