Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Reaches New 52-Week High – Still a Buy?

by · The Cerbat Gem

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE – Get Free Report) shares reached a new 52-week high on Wednesday . The stock traded as high as $45.46 and last traded at $45.3750, with a volume of 26574 shares. The stock had previously closed at $44.99.

Goldman Sachs ActiveBeta International Equity ETF Stock Performance

The firm’s fifty day simple moving average is $43.49 and its 200 day simple moving average is $41.81. The stock has a market capitalization of $5.35 billion, a P/E ratio of 15.44 and a beta of 0.84.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Glenmede Investment Management LP acquired a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF in the 3rd quarter valued at $37,000. Ashton Thomas Securities LLC bought a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter worth $38,000. Miller Global Investments LLC acquired a new stake in Goldman Sachs ActiveBeta International Equity ETF in the fourth quarter valued at about $43,000. Heartwood Wealth Advisors LLC acquired a new stake in Goldman Sachs ActiveBeta International Equity ETF in the third quarter valued at about $49,000. Finally, Wealth Watch Advisors INC bought a new position in Goldman Sachs ActiveBeta International Equity ETF in the third quarter valued at about $49,000.

About Goldman Sachs ActiveBeta International Equity ETF

(Get Free Report)

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.

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