Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) Sees Large Increase in Short Interest

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) was the target of a significant increase in short interest in February. As of February 27th, there was short interest totaling 1,689 shares, an increase of 18.4% from the February 12th total of 1,427 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 414 shares, the short-interest ratio is presently 4.1 days. Based on an average trading volume of 414 shares, the short-interest ratio is presently 4.1 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Goldman Sachs Group Inc. raised its holdings in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF by 0.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 6,622,849 shares of the company’s stock valued at $358,124,000 after acquiring an additional 31,883 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF in the second quarter valued at $674,000. Sowell Financial Services LLC lifted its position in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF by 40.3% during the fourth quarter. Sowell Financial Services LLC now owns 25,498 shares of the company’s stock worth $1,379,000 after buying an additional 7,318 shares during the period. Finally, MGO One Seven LLC acquired a new stake in shares of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF in the third quarter worth approximately $275,000.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Trading Down 0.5%

NYSEARCA:GVUS traded down $0.27 during trading hours on Wednesday, hitting $55.64. The company’s stock had a trading volume of 173 shares, compared to its average volume of 3,680. The stock has a fifty day moving average of $56.68 and a 200-day moving average of $54.24. Goldman Sachs MarketBeta Russell 1000 Value Equity ETF has a 52-week low of $42.81 and a 52-week high of $57.89. The stock has a market capitalization of $400.61 million, a P/E ratio of 19.27 and a beta of 0.83.

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.