GFG Capital LLC Sells 459,787 Shares of Goldman Sachs ActiveBeta International Equity ETF $GSIE

GFG Capital LLC lowered its position in shares of Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) by 58.5% in the second quarter, HoldingsChannel reports. The fund owned 326,323 shares of the company’s stock after selling 459,787 shares during the period. Goldman Sachs ActiveBeta International Equity ETF makes up 3.6% of GFG Capital LLC’s portfolio, making the stock its 9th largest position. GFG Capital LLC’s holdings in Goldman Sachs ActiveBeta International Equity ETF were worth $14,913,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. IFC & Insurance Marketing Inc. bought a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF in the fourth quarter worth $31,000. Glenmede Investment Management LP acquired a new stake in Goldman Sachs ActiveBeta International Equity ETF in the 3rd quarter valued at $37,000. Wealth Watch Advisors INC bought a new stake in Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter worth about $49,000. Continuum Advisory LLC bought a new stake in Goldman Sachs ActiveBeta International Equity ETF during the second quarter worth about $52,000. Finally, Evelyn Partners Asset Management Ltd bought a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF during the 1st quarter worth approximately $54,000.

Goldman Sachs ActiveBeta International Equity ETF Stock Performance

Shares of GSIE stock opened at $47.98 on Wednesday. Goldman Sachs ActiveBeta International Equity ETF has a 52-week low of $40.05 and a 52-week high of $48.49. The stock has a market cap of $6.12 billion, a price-to-earnings ratio of 15.44 and a beta of 0.77. The firm’s 50-day moving average is $47.13 and its 200-day moving average is $45.75.

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.