Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Stock Short Interest Declines 83.4%

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 48,052 shares, a drop of 83.4% from the September 15th total of 289,494 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 358,023 shares, the short-interest ratio is presently 0.1 days.

Goldman Sachs ActiveBeta International Equity ETF Trading Down 0.3%

Shares of NYSEARCA GSIE traded down $0.12 during trading on Monday, reaching $45.64. 324,005 shares of the company traded hands, compared to its average volume of 486,864. The firm’s fifty day simple moving average is $47.32 and its 200 day simple moving average is $46.07. The stock has a market cap of $5.86 billion, a P/E ratio of 15.44 and a beta of 0.77. Goldman Sachs ActiveBeta International Equity ETF has a 12-month low of $40.05 and a 12-month high of $48.49.

Institutional Trading of Goldman Sachs ActiveBeta International Equity ETF

Several hedge funds and other institutional investors have recently bought and sold shares of GSIE. Envestnet Asset Management Inc. lifted its holdings in Goldman Sachs ActiveBeta International Equity ETF by 41.3% during the second quarter. Envestnet Asset Management Inc. now owns 5,892,976 shares of the company’s stock valued at $269,309,000 after purchasing an additional 1,722,307 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 231.5% during the first quarter. Cetera Investment Advisers now owns 2,024,575 shares of the company’s stock worth $87,320,000 after purchasing an additional 1,413,784 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 3.5% during the fourth quarter. Wells Fargo & Company MN now owns 22,119,644 shares of the company’s stock worth $949,818,000 after purchasing an additional 747,167 shares in the last quarter. American National Bank & Trust purchased a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF during the third quarter worth about $30,199,000. Finally, Annex Advisory Services LLC increased its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 10.9% during the second quarter. Annex Advisory Services LLC now owns 6,186,859 shares of the company’s stock worth $282,739,000 after purchasing an additional 609,836 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.