Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Hits New 12-Month High – Here’s What Happened

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) reached a new 52-week high on Thursday . The stock traded as high as $43.19 and last traded at $43.14, with a volume of 143990 shares. The stock had previously closed at $43.13.

Goldman Sachs ActiveBeta International Equity ETF Stock Performance

The business has a fifty day simple moving average of $41.82 and a 200-day simple moving average of $40.84. The firm has a market cap of $4.84 billion, a price-to-earnings ratio of 15.44 and a beta of 0.84.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta International Equity ETF

Several institutional investors have recently modified their holdings of GSIE. Vantagepoint Investment Advisers LLC purchased a new stake in Goldman Sachs ActiveBeta International Equity ETF during the third quarter worth about $230,137,000. Bank of America Corp DE boosted its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 30.3% in the second quarter. Bank of America Corp DE now owns 4,516,794 shares of the company’s stock valued at $179,136,000 after acquiring an additional 1,050,477 shares during the period. Envestnet Asset Management Inc. lifted its stake in Goldman Sachs ActiveBeta International Equity ETF by 3.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,307,425 shares of the company’s stock worth $131,172,000 after purchasing an additional 94,786 shares in the last quarter. Betterment LLC boosted its stake in Goldman Sachs ActiveBeta International Equity ETF by 1.9% during the third quarter. Betterment LLC now owns 3,253,245 shares of the company’s stock valued at $133,741,000 after buying an additional 61,801 shares during the period. Finally, Commonwealth Equity Services LLC grew its stake in Goldman Sachs ActiveBeta International Equity ETF by 12.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,916,600 shares of the company’s stock worth $78,791,000 after buying an additional 219,435 shares in the last quarter.

Goldman Sachs ActiveBeta International Equity ETF Company Profile

The Goldman Sachs ActiveBeta International Equity ETF (GSIE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of stocks in developed markets outside of the US comprising four sub-indices: value, momentum, quality and low volatility. The index uses multiple factors to pick stocks, and each sub-index receives equal weight. GSIE was launched on Nov 6, 2015 and is managed by Goldman Sachs.