Betterment LLC Has $86.71 Million Stake in Goldman Sachs ActiveBeta Europe Equity ETF $GSEU

Betterment LLC raised its holdings in Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) by 2.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,986,093 shares of the company’s stock after purchasing an additional 46,922 shares during the period. Betterment LLC owned approximately 76.39% of Goldman Sachs ActiveBeta Europe Equity ETF worth $86,713,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Western Wealth Management LLC bought a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF in the second quarter valued at approximately $202,000. Flow Traders U.S. LLC acquired a new position in Goldman Sachs ActiveBeta Europe Equity ETF in the 2nd quarter valued at $1,337,000. Finally, Jane Street Group LLC lifted its position in shares of Goldman Sachs ActiveBeta Europe Equity ETF by 50.3% during the 2nd quarter. Jane Street Group LLC now owns 135,041 shares of the company’s stock valued at $5,717,000 after acquiring an additional 45,204 shares during the period.

Goldman Sachs ActiveBeta Europe Equity ETF Stock Performance

GSEU opened at $45.44 on Friday. The firm has a market cap of $118.14 million, a P/E ratio of 15.76 and a beta of 0.91. The business’s fifty day moving average is $47.43 and its 200-day moving average is $45.17. Goldman Sachs ActiveBeta Europe Equity ETF has a 52-week low of $34.09 and a 52-week high of $50.08.

Goldman Sachs ActiveBeta Europe Equity ETF Profile

The Goldman Sachs ActiveBeta Europe Equity ETF (GSEU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed Europe large- and mid-cap equities, with equal weights to each of four factor buckets and stocks within each bucket weighted by a factor score. GSEU was launched on Mar 2, 2016 and is managed by Goldman Sachs.