Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) Stock Price Up 0.2% – Time to Buy?

Shares of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) traded up 0.2% on Tuesday . The stock traded as high as $63.52 and last traded at $63.49. 268 shares were traded during trading, a decline of 96% from the average session volume of 7,638 shares. The stock had previously closed at $63.38.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Price Performance

The stock’s fifty day simple moving average is $61.95 and its two-hundred day simple moving average is $58.60. The company has a market capitalization of $425.38 million, a price-to-earnings ratio of 19.27 and a beta of 0.76.

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 raised its stake in 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 disclosure with the Securities & Exchange Commission. The firm owned 25,498 shares of the company’s stock after acquiring 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 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.