Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Sets New 12-Month High – Here’s What Happened

Shares of Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $48.32 and last traded at $48.32, with a volume of 46693 shares trading hands. The stock had previously closed at $48.15.

Goldman Sachs ActiveBeta International Equity ETF Price Performance

The company’s 50 day simple moving average is $46.24 and its two-hundred day simple moving average is $45.40. The stock has a market capitalization of $6.15 billion, a P/E ratio of 15.44 and a beta of 0.77.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta International Equity ETF

Several institutional investors have recently bought and sold shares of the business. High Probability Advisors LLC increased its position in Goldman Sachs ActiveBeta International Equity ETF by 1.4% in the fourth quarter. High Probability Advisors LLC now owns 970,100 shares of the company’s stock worth $41,656,000 after purchasing an additional 13,439 shares during the period. Lebenthal Global Advisors LLC acquired a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the 4th quarter worth about $20,738,000. Vise Technologies Inc. bought a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF in the 4th quarter valued at about $1,459,000. Janney Montgomery Scott LLC increased its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 23.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 330,044 shares of the company’s stock valued at $14,235,000 after acquiring an additional 63,469 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 5.8% in the 4th quarter. Thrivent Financial for Lutherans now owns 608,263 shares of the company’s stock valued at $26,242,000 after acquiring an additional 33,385 shares during the period.

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.