Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Sees Unusually-High Trading Volume – Here’s Why

Shares of Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) saw unusually-high trading volume on Thursday . Approximately 3,577,914 shares changed hands during mid-day trading, an increase of 227% from the previous session’s volume of 1,092,958 shares.The stock last traded at $43.6060 and had previously closed at $43.58.

Goldman Sachs ActiveBeta International Equity ETF Stock Up 0.6%

The firm has a market capitalization of $4.98 billion, a P/E ratio of 15.44 and a beta of 0.84. The stock has a fifty day moving average of $42.22 and a 200-day moving average of $41.12.

Institutional Trading of Goldman Sachs ActiveBeta International Equity ETF

Large investors have recently made changes to their positions in the company. Jane Street Group LLC lifted its holdings 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. Kera Capital Partners Inc. grew its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 3.5% during the second quarter. Kera Capital Partners Inc. now owns 377,170 shares of the company’s stock valued at $14,959,000 after buying an additional 12,644 shares during the last quarter. Baker Ellis Asset Management LLC increased its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 5.6% during the second quarter. Baker Ellis Asset Management LLC now owns 377,804 shares of the company’s stock worth $14,984,000 after acquiring an additional 19,933 shares in the last quarter. First National Corp MA ADV raised its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 1.9% in the 2nd quarter. First National Corp MA ADV now owns 143,385 shares of the company’s stock worth $5,687,000 after acquiring an additional 2,739 shares during the last quarter. Finally, Channel Wealth LLC lifted its position in Goldman Sachs ActiveBeta International Equity ETF by 24.9% in the 2nd quarter. Channel Wealth LLC now owns 175,205 shares of the company’s stock valued at $6,949,000 after acquiring an additional 34,883 shares in the last quarter.

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.