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

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $46.19 and last traded at $46.16, with a volume of 668079 shares traded. The stock had previously closed at $45.49.

Goldman Sachs ActiveBeta International Equity ETF Price Performance

The company has a market cap of $5.40 billion, a price-to-earnings ratio of 15.44 and a beta of 0.84. The stock has a 50-day moving average price of $43.84 and a 200 day moving average price of $41.98.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of GSIE. IFC & Insurance Marketing Inc. bought a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF during the fourth quarter worth $31,000. Glenmede Investment Management LP bought a new position in Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter worth about $37,000. Ashton Thomas Securities LLC bought a new position in Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter worth about $38,000. Miller Global Investments LLC acquired a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF in the 4th quarter valued at about $43,000. Finally, Heartwood Wealth Advisors LLC bought a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF in the third quarter valued at about $49,000.

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.