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

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) shares reached a new 52-week high during trading on Thursday . The company traded as high as $42.56 and last traded at $42.47, with a volume of 286048 shares trading hands. The stock had previously closed at $42.03.

Goldman Sachs ActiveBeta International Equity ETF Trading Down 0.6%

The company has a market cap of $4.77 billion, a PE ratio of 15.44 and a beta of 0.84. The stock has a 50 day moving average price of $41.45 and a 200 day moving average price of $40.59.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta International Equity ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vantagepoint Investment Advisers LLC bought a new stake in Goldman Sachs ActiveBeta International Equity ETF during the third quarter worth about $230,137,000. Bank of America Corp DE lifted its holdings 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 purchasing an additional 1,050,477 shares during the last quarter. Jane Street Group LLC boosted its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 290.2% in the 1st quarter. Jane Street Group LLC now owns 840,320 shares of the company’s stock worth $29,957,000 after purchasing an additional 624,959 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 3,521.5% in the 3rd quarter. Thrivent Financial for Lutherans now owns 574,878 shares of the company’s stock worth $23,633,000 after buying an additional 559,004 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. grew its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 58.5% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 1,237,288 shares of the company’s stock worth $50,865,000 after buying an additional 456,812 shares during the last quarter.

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.