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

Shares of Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $46.52 and last traded at $46.3770, with a volume of 13735 shares. The stock had previously closed at $46.38.

Goldman Sachs ActiveBeta International Equity ETF Trading Down 0.5%

The firm has a market capitalization of $5.42 billion, a PE ratio of 15.44 and a beta of 0.84. The firm’s fifty day moving average price is $44.29 and its 200 day moving average price is $42.30.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Allworth Financial LP raised its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 8.6% in the 3rd quarter. Allworth Financial LP now owns 3,096 shares of the company’s stock valued at $127,000 after acquiring an additional 244 shares in the last quarter. Fifth Third Securities Inc. grew its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 1.7% in the fourth quarter. Fifth Third Securities Inc. now owns 15,459 shares of the company’s stock valued at $664,000 after purchasing an additional 252 shares during the last quarter. Amplius Wealth Advisors LLC grew its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 1.0% in the second quarter. Amplius Wealth Advisors LLC now owns 27,849 shares of the company’s stock valued at $1,103,000 after purchasing an additional 263 shares during the last quarter. Perennial Investment Advisors LLC increased its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 1.0% in the second quarter. Perennial Investment Advisors LLC now owns 29,566 shares of the company’s stock worth $1,173,000 after purchasing an additional 292 shares during the period. Finally, Prudent Man Advisors LLC lifted its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 4.1% during the 4th quarter. Prudent Man Advisors LLC now owns 7,563 shares of the company’s stock worth $325,000 after purchasing an additional 300 shares during the last quarter.

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.