Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Sees Unusually-High Trading Volume – Here’s What Happened

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) shares saw unusually-high trading volume on Thursday . Approximately 1,379,431 shares were traded during mid-day trading, an increase of 131% from the previous session’s volume of 597,020 shares.The stock last traded at $45.75 and had previously closed at $45.78.

Goldman Sachs ActiveBeta International Equity ETF Trading Down 0.3%

The company has a market capitalization of $5.63 billion, a price-to-earnings ratio of 15.44 and a beta of 0.80. The firm’s 50 day simple moving average is $44.59 and its 200-day simple moving average is $43.16.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta International Equity ETF

Several institutional investors have recently made changes to their positions in the stock. Wells Fargo & Company MN boosted its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 3.5% during the 4th quarter. Wells Fargo & Company MN now owns 22,119,644 shares of the company’s stock worth $949,818,000 after purchasing an additional 747,167 shares in the last quarter. Vantagepoint Investment Advisers LLC purchased a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter worth $230,137,000. 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. SigFig Wealth Management LLC boosted its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 1.7% during the 4th quarter. SigFig Wealth Management LLC now owns 4,478,415 shares of the company’s stock worth $192,303,000 after purchasing an additional 76,820 shares in the last quarter. Finally, Morgan Stanley boosted its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 0.6% during the 4th quarter. Morgan Stanley now owns 3,313,212 shares of the company’s stock worth $142,269,000 after purchasing an additional 19,726 shares in the last quarter.

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.