Envestnet Asset Management Inc. Reduces Holdings in Goldman Sachs ActiveBeta International Equity ETF $GSIE

Envestnet Asset Management Inc. reduced its position in shares of Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) by 6.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,110,068 shares of the company’s stock after selling 197,357 shares during the period. Envestnet Asset Management Inc.’s holdings in Goldman Sachs ActiveBeta International Equity ETF were worth $127,855,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in GSIE. Ashton Thomas Securities LLC purchased a new stake in Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter worth $38,000. Heartwood Wealth Advisors LLC acquired a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF during the third quarter valued at about $49,000. Ameritas Advisory Services LLC purchased a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF during the second quarter worth about $68,000. TD Waterhouse Canada Inc. acquired a new position in shares of Goldman Sachs ActiveBeta International Equity ETF in the second quarter worth about $105,000. Finally, United Community Bank purchased a new position in Goldman Sachs ActiveBeta International Equity ETF in the third quarter valued at about $109,000.

Goldman Sachs ActiveBeta International Equity ETF Stock Up 2.1%

Shares of NYSEARCA GSIE opened at $45.49 on Friday. Goldman Sachs ActiveBeta International Equity ETF has a fifty-two week low of $31.73 and a fifty-two week high of $45.56. The business has a 50 day moving average price of $43.49 and a two-hundred day moving average price of $41.81. The firm has a market cap of $5.35 billion, a PE ratio of 15.44 and a beta of 0.84.

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.