Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) Shares Up 0.7% – Here’s Why

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) shares shot up 0.7% during trading on Friday . The company traded as high as $60.83 and last traded at $60.69. 1,432 shares were traded during trading, a decline of 81% from the average session volume of 7,617 shares. The stock had previously closed at $60.27.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Stock Up 0.7%

The company has a market capitalization of $406.62 million, a P/E ratio of 19.27 and a beta of 0.79. The business has a 50 day simple moving average of $57.45 and a 200-day simple moving average of $55.96.

Institutional Trading of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF

An institutional investor recently raised its position in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF stock. Sowell Financial Services LLC raised its position in shares of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) by 40.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,498 shares of the company’s stock after purchasing an additional 7,318 shares during the period. Sowell Financial Services LLC owned 0.35% of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF worth $1,379,000 at the end of the most recent quarter.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Company Profile

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.