Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Sees Large Volume Increase

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) shares saw an uptick in trading volume on Tuesday . 967,919 shares were traded during mid-day trading, an increase of 166% from the previous session’s volume of 364,004 shares.The stock last traded at $35.87 and had previously closed at $36.17.

Goldman Sachs ActiveBeta International Equity ETF Stock Down 0.7 %

The company has a market cap of $3.80 billion, a P/E ratio of 12.99 and a beta of 0.80. The company has a 50 day moving average price of $34.94 and a 200-day moving average price of $34.42.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cetera Investment Advisers lifted its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 281.2% during the 1st quarter. Cetera Investment Advisers now owns 1,242,918 shares of the company’s stock valued at $42,620,000 after buying an additional 916,847 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the 2nd quarter worth $15,784,000. Hennion & Walsh Asset Management Inc. raised its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 71.8% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 740,184 shares of the company’s stock valued at $24,907,000 after purchasing an additional 309,341 shares in the last quarter. Manning & Napier Advisors LLC acquired a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF in the 2nd quarter valued at $8,404,000. Finally, Kings Path Partners LLC bought a new stake in Goldman Sachs ActiveBeta International Equity ETF in the second quarter worth $7,616,000.

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.