Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Trading Up 8.8% – Here’s What Happened

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID)’s share price rose 8.8% during mid-day trading on Monday . The company traded as high as $54.61 and last traded at $58.57. Approximately 371 shares changed hands during trading, The stock had previously closed at $53.83.

Goldman Sachs MarketBeta International Equity ETF Trading Up 8.8 %

The company has a market capitalization of $825.85 million, a price-to-earnings ratio of 14.86 and a beta of 0.84. The stock’s fifty day simple moving average is $55.72 and its 200-day simple moving average is $56.61.

Goldman Sachs MarketBeta International Equity ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 30th. Stockholders 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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE raised its position in Goldman Sachs MarketBeta International Equity ETF by 920.8% in the 4th quarter. Bank of America Corp DE now owns 32,593 shares of the company’s stock valued at $1,764,000 after purchasing an additional 29,400 shares in the last quarter. LPL Financial LLC grew its position in shares of Goldman Sachs MarketBeta International Equity ETF by 8.6% during the fourth quarter. LPL Financial LLC now owns 40,799 shares of the company’s stock worth $2,209,000 after buying an additional 3,218 shares in the last quarter. Drive Wealth Management LLC increased its stake in shares of Goldman Sachs MarketBeta International Equity ETF by 1.2% during the fourth quarter. Drive Wealth Management LLC now owns 43,333 shares of the company’s stock worth $2,346,000 after buying an additional 532 shares during the period. Townsquare Capital LLC raised its holdings in Goldman Sachs MarketBeta International Equity ETF by 1.2% in the fourth quarter. Townsquare Capital LLC now owns 43,333 shares of the company’s stock valued at $2,346,000 after acquiring an additional 532 shares in the last quarter. Finally, Jane Street Group LLC lifted its stake in Goldman Sachs MarketBeta International Equity ETF by 174.0% in the third quarter. Jane Street Group LLC now owns 63,664 shares of the company’s stock worth $3,778,000 after acquiring an additional 40,429 shares during the last quarter.

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.