Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Sets New 1-Year High – What’s Next?

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) hit a new 52-week high on Friday . The company traded as high as $42.98 and last traded at $42.9440, with a volume of 38402 shares. The stock had previously closed at $42.71.

Goldman Sachs ActiveBeta International Equity ETF Stock Performance

The stock has a market capitalization of $4.81 billion, a P/E ratio of 15.44 and a beta of 0.84. The stock has a 50-day simple moving average of $41.61 and a 200 day simple moving average of $40.72.

Institutional Trading of Goldman Sachs ActiveBeta International Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of GSIE. Glenmede Investment Management LP bought a new position in Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter worth approximately $37,000. Ashton Thomas Securities LLC acquired a new stake in Goldman Sachs ActiveBeta International Equity ETF in the third quarter worth $38,000. Independence Bank of Kentucky bought a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the second quarter worth $40,000. Wealth Watch Advisors INC acquired a new position in shares of Goldman Sachs ActiveBeta International Equity ETF in the 3rd quarter valued at $49,000. Finally, Heartwood Wealth Advisors LLC bought a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF in the 3rd quarter valued at $49,000.

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.