Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Trading Down 1.5% – Time to Sell?

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID)’s stock price dropped 1.5% during trading on Monday . The stock traded as low as $53.76 and last traded at $53.76. Approximately 1,038 shares changed hands during trading, The stock had previously closed at $54.57.

Goldman Sachs MarketBeta International Equity ETF Stock Up 0.4 %

The stock’s fifty day simple moving average is $55.24 and its two-hundred day simple moving average is $56.63. The firm has a market cap of $758.96 million, a PE ratio of 14.86 and a beta of 0.84.

Goldman Sachs MarketBeta International Equity ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 23rd were paid a $0.2906 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Townsquare Capital LLC purchased a new stake in shares of Goldman Sachs MarketBeta International Equity ETF in the third quarter worth $2,540,000. Jane Street Group LLC grew its position in Goldman Sachs MarketBeta International Equity ETF by 174.0% during the 3rd quarter. Jane Street Group LLC now owns 63,664 shares of the company’s stock valued at $3,778,000 after purchasing an additional 40,429 shares during the last quarter. Flow Traders U.S. LLC grew its position in Goldman Sachs MarketBeta International Equity ETF by 63.7% during the 3rd quarter. Flow Traders U.S. LLC now owns 97,022 shares of the company’s stock valued at $5,758,000 after purchasing an additional 37,745 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in Goldman Sachs MarketBeta International Equity ETF during the 2nd quarter valued at about $301,000. Finally, Drive Wealth Management LLC raised its holdings in Goldman Sachs MarketBeta International Equity ETF by 1.3% in the third quarter. Drive Wealth Management LLC now owns 42,801 shares of the company’s stock worth $2,540,000 after buying an additional 546 shares during the last quarter.

Goldman Sachs MarketBeta International Equity ETF Company Profile

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.