Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Sees Significant Decrease in Short Interest

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 48,052 shares, a drop of 83.4% from the September 15th total of 289,494 shares. Based on an average daily trading volume, of 358,023 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta International Equity ETF

Institutional investors have recently made changes to their positions in the business. Wells Fargo & Company MN increased its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 3.5% in the fourth quarter. Wells Fargo & Company MN now owns 22,119,644 shares of the company’s stock worth $949,818,000 after buying an additional 747,167 shares during the last quarter. Annex Advisory Services LLC increased its holdings in Goldman Sachs ActiveBeta International Equity ETF by 10.9% in the second quarter. Annex Advisory Services LLC now owns 6,186,859 shares of the company’s stock valued at $282,739,000 after buying an additional 609,836 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Goldman Sachs ActiveBeta International Equity ETF by 41.3% during the second quarter. Envestnet Asset Management Inc. now owns 5,892,976 shares of the company’s stock valued at $269,309,000 after buying an additional 1,722,307 shares in the last quarter. SigFig Wealth Management LLC lifted its holdings in Goldman Sachs ActiveBeta International Equity ETF by 3.1% during the 3rd quarter. SigFig Wealth Management LLC now owns 5,128,697 shares of the company’s stock worth $235,099,000 after buying an additional 156,032 shares during the last quarter. Finally, HB Wealth Management LLC lifted its holdings in Goldman Sachs ActiveBeta International Equity ETF by 1.6% during the 2nd quarter. HB Wealth Management LLC now owns 2,594,781 shares of the company’s stock worth $118,581,000 after buying an additional 40,245 shares during the last quarter.

Goldman Sachs ActiveBeta International Equity ETF Stock Performance

GSIE opened at $45.76 on Friday. Goldman Sachs ActiveBeta International Equity ETF has a one year low of $40.05 and a one year high of $48.49. The company has a market cap of $5.88 billion, a P/E ratio of 15.44 and a beta of 0.77. The business’s 50-day simple moving average is $47.32 and its 200-day simple moving average is $46.04.

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.