Elevation Point Wealth Partners LLC Makes New $1.11 Million Investment in Goldman Sachs ActiveBeta International Equity ETF $GSIE

Elevation Point Wealth Partners LLC acquired a new stake in Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 27,106 shares of the company’s stock, valued at approximately $1,114,000.

Other hedge funds have also modified their holdings of the company. CWM LLC raised its position in Goldman Sachs ActiveBeta International Equity ETF by 4.8% in the 3rd quarter. CWM LLC now owns 325,944 shares of the company’s stock valued at $13,400,000 after purchasing an additional 15,068 shares during the last quarter. Great Point Wealth Advisors LLC purchased a new position in Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter worth $12,143,000. Gilbert Capital Group Inc. acquired a new position in Goldman Sachs ActiveBeta International Equity ETF in the second quarter valued at $8,884,000. Asset Advisors Investment Management LLC raised its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 94.5% in the third quarter. Asset Advisors Investment Management LLC now owns 313,477 shares of the company’s stock valued at $12,887,000 after buying an additional 152,270 shares during the last quarter. Finally, Hixon Zuercher LLC raised its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 2.4% in the third quarter. Hixon Zuercher LLC now owns 567,922 shares of the company’s stock valued at $23,347,000 after buying an additional 13,132 shares during the last quarter.

Goldman Sachs ActiveBeta International Equity ETF Stock Performance

Shares of GSIE opened at $43.61 on Tuesday. Goldman Sachs ActiveBeta International Equity ETF has a fifty-two week low of $31.73 and a fifty-two week high of $46.86. The firm has a 50-day simple moving average of $44.88 and a 200-day simple moving average of $42.77. The company has a market capitalization of $5.12 billion, a price-to-earnings ratio of 15.44 and a beta of 0.84.

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.