Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) Trading 0.9% Higher – Time to Buy?

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS)’s share price traded up 0.9% during trading on Thursday . The stock traded as high as $48.61 and last traded at $48.61. 2 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 21,035 shares. The stock had previously closed at $48.17.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Price Performance

The firm has a 50-day moving average price of $46.85 and a 200 day moving average price of $48.48. The company has a market cap of $367.01 million, a price-to-earnings ratio of 18.33 and a beta of 0.67.

Institutional Investors 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. LPL Financial LLC increased its stake in shares of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) by 45.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,888 shares of the company’s stock after buying an additional 4,314 shares during the quarter. LPL Financial LLC owned about 0.13% of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF worth $660,000 at the end of the most recent reporting period.

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.