Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) Trading Up 0% – Should You Buy?

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) shares shot up 0% on Monday . The company traded as high as $62.31 and last traded at $62.31. 1,214 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 6,298 shares. The stock had previously closed at $62.29.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Stock Performance

The firm has a fifty day simple moving average of $60.58 and a 200-day simple moving average of $57.59. The firm has a market cap of $417.48 million, a price-to-earnings ratio of 19.27 and a beta of 0.78.

Hedge Funds Weigh In On 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 lifted its stake in shares of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) by 40.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 25,498 shares of the company’s stock after buying an additional 7,318 shares during the quarter. Sowell Financial Services LLC owned about 0.35% of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF worth $1,379,000 as of its most recent SEC filing.

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.