Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Hits New 1-Year High – Here’s Why

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $43.19 and last traded at $43.14, with a volume of 143990 shares. The stock had previously closed at $43.13.

Goldman Sachs ActiveBeta International Equity ETF Price Performance

The firm’s fifty day simple moving average is $41.74 and its 200 day simple moving average is $40.79. The company has a market capitalization of $4.84 billion, a price-to-earnings ratio of 15.44 and a beta of 0.84.

Institutional Trading of Goldman Sachs ActiveBeta International Equity ETF

Several large investors have recently added to or reduced their stakes in the company. Comerica Bank grew its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 3.5% during the first quarter. Comerica Bank now owns 61,362 shares of the company’s stock valued at $2,188,000 after buying an additional 2,079 shares in the last quarter. Jane Street Group LLC boosted its position in Goldman Sachs ActiveBeta International Equity ETF by 290.2% during the 1st quarter. Jane Street Group LLC now owns 840,320 shares of the company’s stock worth $29,957,000 after acquiring an additional 624,959 shares during the period. Baird Financial Group Inc. grew its stake in Goldman Sachs ActiveBeta International Equity ETF by 7.7% during the 1st quarter. Baird Financial Group Inc. now owns 169,011 shares of the company’s stock valued at $6,025,000 after acquiring an additional 12,145 shares in the last quarter. Royal Bank of Canada grew its stake in Goldman Sachs ActiveBeta International Equity ETF by 41.7% during the 1st quarter. Royal Bank of Canada now owns 996,839 shares of the company’s stock valued at $35,536,000 after acquiring an additional 293,111 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 0.4% in the 1st quarter. AQR Capital Management LLC now owns 511,362 shares of the company’s stock valued at $18,230,000 after purchasing an additional 2,121 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.