Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Short Interest Update

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 200,223 shares, a decrease of 60.0% from the May 31st total of 500,357 shares. Based on an average trading volume of 579,348 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the company are short sold.

Goldman Sachs ActiveBeta International Equity ETF Stock Performance

Shares of GSIE stock traded up $0.15 during mid-day trading on Tuesday, hitting $45.70. 532,867 shares of the stock were exchanged, compared to its average volume of 528,558. The stock’s fifty day simple moving average is $45.55 and its two-hundred day simple moving average is $44.70. Goldman Sachs ActiveBeta International Equity ETF has a 12-month low of $38.69 and a 12-month high of $46.90. The stock has a market capitalization of $5.72 billion, a price-to-earnings ratio of 15.44 and a beta of 0.77.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Cetera Investment Advisers boosted its stake in Goldman Sachs ActiveBeta International Equity ETF by 231.5% during the 1st quarter. Cetera Investment Advisers now owns 2,024,575 shares of the company’s stock worth $87,320,000 after purchasing an additional 1,413,784 shares during the period. Annex Advisory Services LLC lifted its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 694.2% in the 4th quarter. Annex Advisory Services LLC now owns 1,365,028 shares of the company’s stock valued at $58,614,000 after buying an additional 1,193,163 shares during the period. Bank of America Corp DE boosted its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 30.3% during the 2nd quarter. Bank of America Corp DE now owns 4,516,794 shares of the company’s stock worth $179,136,000 after purchasing an additional 1,050,477 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in Goldman Sachs ActiveBeta International Equity ETF by 3.5% during the fourth quarter. Wells Fargo & Company MN now owns 22,119,644 shares of the company’s stock worth $949,818,000 after buying an additional 747,167 shares in the last quarter. Finally, AlphaCore Capital LLC acquired a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF in the 4th quarter worth approximately $24,833,000.

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.