Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Sets New 12-Month High – Time to Buy?

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $48.45 and last traded at $48.45, with a volume of 393 shares trading hands. The stock had previously closed at $47.83.

Goldman Sachs ActiveBeta International Equity ETF Price Performance

The company has a market cap of $6.14 billion, a PE ratio of 15.44 and a beta of 0.77. The business has a 50 day moving average of $46.57 and a 200 day moving average of $45.53.

Institutional Trading of Goldman Sachs ActiveBeta International Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. IFC & Insurance Marketing Inc. purchased a new position in shares of Goldman Sachs ActiveBeta International Equity ETF in the 4th quarter valued at approximately $31,000. Glenmede Investment Management LP bought a new position in Goldman Sachs ActiveBeta International Equity ETF in the 3rd quarter valued at approximately $37,000. Wealth Watch Advisors INC bought a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the third quarter valued at $49,000. Evelyn Partners Asset Management Ltd purchased a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF during the first quarter valued at $54,000. Finally, Advisortrust Partners LLC bought a new stake in Goldman Sachs ActiveBeta International Equity ETF in the 1st quarter worth about $57,000.

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.