Fifth Third Bancorp Makes New $2.82 Million Investment in Goldman Sachs ActiveBeta International Equity ETF $GSIE

Fifth Third Bancorp acquired a new stake in Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 65,280 shares of the company’s stock, valued at approximately $2,816,000.

Several other large investors also recently modified their holdings of the company. IFC & Insurance Marketing Inc. acquired a new position in Goldman Sachs ActiveBeta International Equity ETF in the fourth quarter valued at $31,000. Glenmede Investment Management LP acquired a new stake in Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter worth about $37,000. Wealth Watch Advisors INC acquired a new stake in Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter worth about $49,000. Family CFO Inc bought a new position in shares of Goldman Sachs ActiveBeta International Equity ETF in the 4th quarter worth about $64,000. Finally, Harbor Investment Advisory LLC raised its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 30.2% in the 1st quarter. Harbor Investment Advisory LLC now owns 1,845 shares of the company’s stock worth $80,000 after acquiring an additional 428 shares in the last quarter.

Goldman Sachs ActiveBeta International Equity ETF Price Performance

Shares of NYSEARCA:GSIE opened at $45.65 on Tuesday. Goldman Sachs ActiveBeta International Equity ETF has a 1 year low of $38.69 and a 1 year high of $46.90. The business’s 50-day moving average is $45.75 and its 200-day moving average is $45.00. The company has a market capitalization of $5.82 billion, a price-to-earnings ratio of 15.44 and a beta of 0.77.

Goldman Sachs ActiveBeta International Equity ETF 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.