Elevation Point Wealth Partners LLC Takes Position in Goldman Sachs ActiveBeta International Equity ETF $GSIE

Elevation Point Wealth Partners LLC purchased a new position in shares of Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 27,106 shares of the company’s stock, valued at approximately $1,114,000.

Several other hedge funds have also recently modified their holdings of the stock. Glenmede Investment Management LP purchased a new position in Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter worth $37,000. Ashton Thomas Securities LLC purchased a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF in the third quarter valued at about $38,000. Heartwood Wealth Advisors LLC acquired a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the third quarter worth about $49,000. Wealth Watch Advisors INC acquired a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the third quarter worth about $49,000. Finally, PNC Financial Services Group Inc. raised its holdings in Goldman Sachs ActiveBeta International Equity ETF by 70.3% during the third quarter. PNC Financial Services Group Inc. now owns 1,756 shares of the company’s stock worth $72,000 after purchasing an additional 725 shares in the last quarter.

Goldman Sachs ActiveBeta International Equity ETF Stock Up 1.8%

Shares of NYSEARCA:GSIE opened at $43.61 on Tuesday. The company has a market cap of $5.12 billion, a P/E ratio of 15.44 and a beta of 0.84. Goldman Sachs ActiveBeta International Equity ETF has a 52 week low of $31.73 and a 52 week high of $46.86. The company has a 50-day moving average price of $44.88 and a 200 day moving average price of $42.77.

Goldman Sachs ActiveBeta International Equity ETF 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.