Short Interest in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) Decreases By 52.3%

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) saw a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 1,121 shares, a decline of 52.3% from the January 15th total of 2,348 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 2,057 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 2,057 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the company’s shares are short sold.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Stock Performance

Shares of NYSEARCA GVUS traded up $0.35 during mid-day trading on Friday, reaching $57.45. 277 shares of the company’s stock were exchanged, compared to its average volume of 5,493. The company’s 50-day moving average is $55.58 and its 200-day moving average is $53.29. The firm has a market capitalization of $413.64 million, a price-to-earnings ratio of 19.27 and a beta of 0.83. Goldman Sachs MarketBeta Russell 1000 Value Equity ETF has a 52-week low of $42.81 and a 52-week high of $57.79.

Hedge Funds Weigh In On Goldman Sachs MarketBeta Russell 1000 Value Equity ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GVUS. 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. Goldman Sachs Group Inc. boosted its stake in shares of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF by 0.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 6,622,849 shares of the company’s stock valued at $358,124,000 after buying an additional 31,883 shares in the last quarter. Sowell Financial Services LLC grew its holdings 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 acquiring an additional 7,318 shares during the period. Finally, MGO One Seven LLC purchased a new position in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF in the third quarter worth $275,000.

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.