JPMorgan Chase & Co. Cuts Holdings in Goldman Sachs ActiveBeta International Equity ETF $GSIE

JPMorgan Chase & Co. decreased its stake in Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) by 27.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 78,963 shares of the company’s stock after selling 29,335 shares during the period. JPMorgan Chase & Co. owned about 0.07% of Goldman Sachs ActiveBeta International Equity ETF worth $3,246,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Allworth Financial LP grew its position in Goldman Sachs ActiveBeta International Equity ETF by 8.6% in the third quarter. Allworth Financial LP now owns 3,096 shares of the company’s stock worth $127,000 after acquiring an additional 244 shares in the last quarter. IFP Advisors Inc lifted its stake in Goldman Sachs ActiveBeta International Equity ETF by 12.6% during the third quarter. IFP Advisors Inc now owns 134,406 shares of the company’s stock worth $5,526,000 after purchasing an additional 15,081 shares during the last quarter. Lantern Wealth Advisors LLC bought a new stake in Goldman Sachs ActiveBeta International Equity ETF during the third quarter worth about $204,000. Captrust Financial Advisors boosted its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 1.3% in the 3rd quarter. Captrust Financial Advisors now owns 1,284,257 shares of the company’s stock worth $52,796,000 after purchasing an additional 16,133 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 1.4% in the 3rd quarter. NewEdge Advisors LLC now owns 104,679 shares of the company’s stock worth $4,303,000 after purchasing an additional 1,464 shares in the last quarter.

Goldman Sachs ActiveBeta International Equity ETF Stock Performance

Shares of NYSEARCA GSIE opened at $43.57 on Friday. The stock has a market cap of $5.32 billion, a price-to-earnings ratio of 15.44 and a beta of 0.84. Goldman Sachs ActiveBeta International Equity ETF has a 1-year low of $31.73 and a 1-year high of $46.86. The stock’s 50-day moving average is $44.58 and its 200 day moving average is $42.94.

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.