Blue Water Asset Management Invests $7.45 Million in Goldman Sachs ActiveBeta International Equity ETF $GSIE

Blue Water Asset Management purchased a new position in shares of Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 173,445 shares of the company’s stock, valued at approximately $7,448,000. Goldman Sachs ActiveBeta International Equity ETF accounts for 2.7% of Blue Water Asset Management’s portfolio, making the stock its 10th biggest holding. Blue Water Asset Management owned 0.15% of Goldman Sachs ActiveBeta International Equity ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Vantagepoint Investment Advisers LLC acquired a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the third quarter worth about $230,137,000. Bank of America Corp DE increased its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 30.3% during the second quarter. Bank of America Corp DE now owns 4,516,794 shares of the company’s stock worth $179,136,000 after acquiring an additional 1,050,477 shares during the period. SigFig Wealth Management LLC increased its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 1.7% during the fourth quarter. SigFig Wealth Management LLC now owns 4,478,415 shares of the company’s stock worth $192,303,000 after acquiring an additional 76,820 shares during the period. Betterment LLC grew its position in Goldman Sachs ActiveBeta International Equity ETF by 1.9% during the third quarter. Betterment LLC now owns 3,253,245 shares of the company’s stock worth $133,741,000 after buying an additional 61,801 shares during the period. Finally, Annex Advisory Services LLC grew its position in Goldman Sachs ActiveBeta International Equity ETF by 694.2% during the fourth quarter. Annex Advisory Services LLC now owns 1,365,028 shares of the company’s stock worth $58,614,000 after buying an additional 1,193,163 shares during the period.

Goldman Sachs ActiveBeta International Equity ETF Trading Down 1.5%

Shares of GSIE opened at $44.84 on Friday. The firm’s 50-day moving average is $44.33 and its two-hundred day moving average is $43.74. Goldman Sachs ActiveBeta International Equity ETF has a twelve month low of $38.28 and a twelve month high of $46.86. The firm has a market capitalization of $5.61 billion, a P/E ratio of 15.44 and a beta of 0.78.

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.