Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Shares Down 0.6% – Here’s Why

Shares of Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) traded down 0.6% on Wednesday . The stock traded as low as $75.10 and last traded at $75.18. 7,961 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 41,526 shares. The stock had previously closed at $75.66.

Goldman Sachs MarketBeta International Equity ETF Stock Performance

The firm’s 50-day moving average is $73.33 and its two-hundred day moving average is $71.82. The stock has a market cap of $999.89 million, a P/E ratio of 16.38 and a beta of 0.84.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. NewEdge Advisors LLC bought a new position in Goldman Sachs MarketBeta International Equity ETF in the 1st quarter worth approximately $1,591,000. Keebeck Wealth Management bought a new position in Goldman Sachs MarketBeta International Equity ETF in the 1st quarter worth approximately $3,232,000. Cetera Investment Advisers bought a new position in Goldman Sachs MarketBeta International Equity ETF in the 1st quarter worth approximately $7,430,000. Cornerstone Planning Group LLC bought a new position in Goldman Sachs MarketBeta International Equity ETF in the 1st quarter worth approximately $76,000. Finally, Bank of New York Mellon Corp bought a new position in Goldman Sachs MarketBeta International Equity ETF in the 1st quarter worth approximately $916,000.

About Goldman Sachs MarketBeta International Equity ETF

The Goldman Sachs MarketBeta International Equity ETF (GSID) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed markets ex-North American equities, selected and weighted by market capitalization. GSID was launched on May 12, 2020 and is managed by Goldman Sachs.