Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Hits New 1-Year High – What’s Next?

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $46.19 and last traded at $46.16, with a volume of 668079 shares trading hands. The stock had previously closed at $45.49.

Goldman Sachs ActiveBeta International Equity ETF Price Performance

The company has a fifty day moving average price of $43.58 and a two-hundred day moving average price of $41.88. The company has a market capitalization of $5.42 billion, a P/E ratio of 15.44 and a beta of 0.84.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta International Equity ETF

Several large investors have recently modified their holdings of GSIE. Glenmede Investment Management LP bought a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF in the third quarter worth $37,000. Ashton Thomas Securities LLC acquired a new position in shares of Goldman Sachs ActiveBeta International Equity ETF in the third quarter worth approximately $38,000. Miller Global Investments LLC bought a new stake in Goldman Sachs ActiveBeta International Equity ETF in the fourth quarter valued at approximately $43,000. Heartwood Wealth Advisors LLC acquired a new stake in Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter valued at approximately $49,000. Finally, Wealth Watch Advisors INC acquired a new stake in Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter valued at approximately $49,000.

About Goldman Sachs ActiveBeta International Equity ETF

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.