Blue Water Asset Management Purchases Shares of 173,445 Goldman Sachs ActiveBeta International Equity ETF $GSIE

Blue Water Asset Management purchased a new stake in Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) during the 4th quarter, Holdings Channel reports. The fund purchased 173,445 shares of the company’s stock, valued at approximately $7,448,000. Goldman Sachs ActiveBeta International Equity ETF accounts for approximately 2.7% of Blue Water Asset Management’s investment portfolio, making the stock its 10th biggest holding.

Several other institutional investors and hedge funds also recently modified their holdings of GSIE. JPMorgan Chase & Co. lifted its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 65.9% in the second quarter. JPMorgan Chase & Co. now owns 108,298 shares of the company’s stock valued at $4,295,000 after purchasing an additional 43,009 shares in the last quarter. Quantinno Capital Management LP lifted its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 30.7% in the second quarter. Quantinno Capital Management LP now owns 123,189 shares of the company’s stock valued at $4,886,000 after purchasing an additional 28,916 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 1.3% in the second quarter. Raymond James Financial Inc. now owns 856,839 shares of the company’s stock valued at $33,982,000 after purchasing an additional 11,152 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 1.0% during the second quarter. AQR Capital Management LLC now owns 516,626 shares of the company’s stock valued at $20,489,000 after buying an additional 5,264 shares during the period. Finally, Bank of America Corp DE lifted its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 30.3% during 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 buying an additional 1,050,477 shares during the period.

Goldman Sachs ActiveBeta International Equity ETF Stock Performance

Shares of GSIE opened at $44.84 on Friday. The company has a market capitalization of $5.61 billion, a price-to-earnings ratio of 15.44 and a beta of 0.78. The company’s 50 day simple moving average is $44.33 and its 200 day simple moving average is $43.74. Goldman Sachs ActiveBeta International Equity ETF has a 1 year low of $38.28 and a 1 year high of $46.86.

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.