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

Shares of Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) reached a new 52-week high on Monday . The stock traded as high as $70.17 and last traded at $72.88, with a volume of 6884 shares traded. The stock had previously closed at $69.3228.

Goldman Sachs MarketBeta International Equity ETF Trading Down 1.5%

The company has a 50 day moving average price of $69.48 and a 200 day moving average price of $67.26. The company has a market capitalization of $967.71 million, a price-to-earnings ratio of 16.38 and a beta of 0.84.

Hedge Funds Weigh In On Goldman Sachs MarketBeta International Equity ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. 3Chopt Investment Partners LLC bought a new stake in shares of Goldman Sachs MarketBeta International Equity ETF during the 3rd quarter valued at $54,000. Citadel Advisors LLC acquired a new stake in shares of Goldman Sachs MarketBeta International Equity ETF during the third quarter worth $439,000. Sowell Financial Services LLC increased its holdings in Goldman Sachs MarketBeta International Equity ETF by 16.5% in the third quarter. Sowell Financial Services LLC now owns 22,892 shares of the company’s stock valued at $1,524,000 after purchasing an additional 3,244 shares during the last quarter. Jane Street Group LLC lifted its stake in 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 valued at $2,573,000 after buying an additional 34,387 shares during the period. Finally, Drive Wealth Management LLC boosted its holdings in Goldman Sachs MarketBeta International Equity ETF by 2.2% during the second quarter. Drive Wealth Management LLC now owns 41,403 shares of the company’s stock worth $2,651,000 after buying an additional 896 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.