Ledyard National Bank Makes New Investment in Goldman Sachs ActiveBeta International Equity ETF $GSIE

Ledyard National Bank purchased a new position in Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 487,170 shares of the company’s stock, valued at approximately $22,332,000. Goldman Sachs ActiveBeta International Equity ETF makes up about 1.8% of Ledyard National Bank’s holdings, making the stock its 15th biggest position. Ledyard National Bank owned approximately 0.38% of Goldman Sachs ActiveBeta International Equity ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Kings Path Partners LLC bought a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter valued at about $12,819,000. Fifth Third Securities Inc. bought a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF in the 3rd quarter worth approximately $703,000. Sowell Financial Services LLC purchased a new stake in Goldman Sachs ActiveBeta International Equity ETF during the third quarter valued at about $1,663,000. Newman Dignan & Sheerar Inc. purchased a new stake in Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter valued at about $8,328,000. Finally, Sensible Money LLC purchased a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF during the third quarter valued at approximately $273,000.

Goldman Sachs ActiveBeta International Equity ETF Stock Down 0.8%

Shares of Goldman Sachs ActiveBeta International Equity ETF stock opened at $46.06 on Friday. The firm has a market cap of $5.93 billion, a PE ratio of 15.44 and a beta of 0.77. Goldman Sachs ActiveBeta International Equity ETF has a 12-month low of $40.05 and a 12-month high of $48.49. The company’s fifty day simple moving average is $46.98 and its two-hundred day simple moving average is $46.27.

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. GSIE was launched on Nov 6, 2015 and is managed by Goldman Sachs.