Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) Shares Up 5% – Time to Buy?

Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) shares were up 5% on Wednesday . The stock traded as high as $43.49 and last traded at $45.13. Approximately 34 shares were traded during mid-day trading, The stock had previously closed at $42.98.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Stock Up 5.0 %

The stock’s 50 day moving average price is $44.63 and its 200-day moving average price is $45.70. The stock has a market capitalization of $108.31 million, a P/E ratio of 13.58 and a beta of 0.63.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 23rd were issued a dividend of $1.2071 per share. The ex-dividend date was Monday, December 23rd. This is a positive change from Goldman Sachs MarketBeta Emerging Markets Equity ETF’s previous dividend of $0.15.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Goldman Sachs MarketBeta Emerging Markets Equity ETF stock. OLD Mission Capital LLC acquired a new stake in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 11,434 shares of the company’s stock, valued at approximately $495,000. OLD Mission Capital LLC owned approximately 0.44% of Goldman Sachs MarketBeta Emerging Markets Equity ETF at the end of the most recent reporting period.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Company Profile

The Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging-market equities, selected and weighted by market capitalization. GSEE was launched on May 12, 2020 and is managed by Goldman Sachs.