Baker Ellis Asset Management LLC Makes New Investment in Goldman Sachs ActiveBeta International Equity ETF $GSIE

Baker Ellis Asset Management LLC bought a new position in Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 409,758 shares of the company’s stock, valued at approximately $18,783,000. Goldman Sachs ActiveBeta International Equity ETF accounts for about 2.0% of Baker Ellis Asset Management LLC’s holdings, making the stock its 12th biggest holding. Baker Ellis Asset Management LLC owned approximately 0.32% of Goldman Sachs ActiveBeta International Equity ETF as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Annex Advisory Services LLC grew its position in Goldman Sachs ActiveBeta International Equity ETF by 10.9% during the 2nd quarter. Annex Advisory Services LLC now owns 6,186,859 shares of the company’s stock valued at $282,739,000 after purchasing an additional 609,836 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Goldman Sachs ActiveBeta International Equity ETF by 41.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,892,976 shares of the company’s stock valued at $269,309,000 after acquiring an additional 1,722,307 shares during the period. SigFig Wealth Management LLC boosted its holdings in Goldman Sachs ActiveBeta International Equity ETF by 3.1% in the third quarter. SigFig Wealth Management LLC now owns 5,128,697 shares of the company’s stock worth $235,099,000 after purchasing an additional 156,032 shares during the last quarter. HB Wealth Management LLC raised its stake in Goldman Sachs ActiveBeta International Equity ETF by 1.6% during the 2nd quarter. HB Wealth Management LLC now owns 2,594,781 shares of the company’s stock valued at $118,581,000 after buying an additional 40,245 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 231.5% in the 1st quarter. Cetera Investment Advisers now owns 2,024,575 shares of the company’s stock worth $87,320,000 after buying an additional 1,413,784 shares during the last quarter.

Goldman Sachs ActiveBeta International Equity ETF Price Performance

Shares of NYSEARCA:GSIE traded down $0.34 during midday trading on Wednesday, hitting $45.62. The company had a trading volume of 598,324 shares, compared to its average volume of 486,365. Goldman Sachs ActiveBeta International Equity ETF has a 12-month low of $40.05 and a 12-month high of $48.49. The company has a fifty day moving average of $47.26 and a two-hundred day moving average of $46.11. The company has a market cap of $5.86 billion, a price-to-earnings ratio of 15.44 and a beta of 0.77.

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. GSIE was launched on Nov 6, 2015 and is managed by Goldman Sachs.