Short Interest in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) Decreases By 44.7%

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 17,347 shares, a decline of 44.7% from the April 30th total of 31,347 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 12,312 shares, the short-interest ratio is presently 1.4 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. LifePlan Investment Advisors Inc. grew its stake in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 137.4% in the third quarter. LifePlan Investment Advisors Inc. now owns 15,548 shares of the company’s stock valued at $984,000 after purchasing an additional 8,999 shares in the last quarter. Robertson Stephens Wealth Management LLC grew its stake in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 811.0% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 36,141 shares of the company’s stock valued at $2,301,000 after purchasing an additional 32,174 shares in the last quarter. CoreCap Advisors LLC grew its stake in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 65.0% in the fourth quarter. CoreCap Advisors LLC now owns 24,253 shares of the company’s stock valued at $1,544,000 after purchasing an additional 9,555 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 121.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 579,574 shares of the company’s stock worth $36,683,000 after acquiring an additional 317,274 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 21.9% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 119,450 shares of the company’s stock valued at $7,604,000 after purchasing an additional 21,466 shares during the period.

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF Trading Down 0.2%

Shares of NYSEARCA GGUS traded down $0.16 during mid-day trading on Thursday, reaching $68.23. The company had a trading volume of 807 shares, compared to its average volume of 26,631. The stock has a market cap of $450.32 million, a PE ratio of 35.28 and a beta of 1.14. The company has a 50-day moving average price of $63.73 and a two-hundred day moving average price of $62.95. Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF has a 1-year low of $54.95 and a 1-year high of $69.46.

About Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF

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