Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Hits New 52-Week High – Here’s What Happened

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) shares reached a new 52-week high on Monday . The company traded as high as $73.04 and last traded at $74.63, with a volume of 9680 shares. The stock had previously closed at $73.8385.

Goldman Sachs MarketBeta International Equity ETF Price Performance

The stock has a market capitalization of $998.03 million, a P/E ratio of 16.38 and a beta of 0.84. The business’s 50 day simple moving average is $70.53 and its 200-day simple moving average is $67.80.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. 3Chopt Investment Partners LLC bought a new stake in Goldman Sachs MarketBeta International Equity ETF in the third quarter valued at about $54,000. Citadel Advisors LLC acquired a new position in shares of Goldman Sachs MarketBeta International Equity ETF during the 3rd quarter worth about $439,000. Sowell Financial Services LLC grew its position in shares of Goldman Sachs MarketBeta International Equity ETF by 16.5% during the 3rd quarter. Sowell Financial Services LLC now owns 22,892 shares of the company’s stock worth $1,524,000 after buying an additional 3,244 shares during the period. Jane Street Group LLC increased its stake in shares of Goldman Sachs MarketBeta International Equity ETF by 593.3% in the 2nd quarter. Jane Street Group LLC now owns 40,183 shares of the company’s stock valued at $2,573,000 after acquiring an additional 34,387 shares during the last quarter. Finally, Drive Wealth Management LLC raised its position in shares of Goldman Sachs MarketBeta International Equity ETF by 2.2% in the 2nd quarter. Drive Wealth Management LLC now owns 41,403 shares of the company’s stock valued at $2,651,000 after acquiring an additional 896 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.