Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) Short Interest Update

Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 7,990 shares, an increase of 122.2% from the April 30th total of 3,596 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 7,725 shares, the short-interest ratio is presently 1.0 days.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta Europe Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Betterment LLC grew its stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF by 2.4% in the 3rd quarter. Betterment LLC now owns 1,986,093 shares of the company’s stock worth $86,713,000 after buying an additional 46,922 shares in the last quarter. LPL Financial LLC grew its stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF by 5.9% in the 4th quarter. LPL Financial LLC now owns 189,781 shares of the company’s stock worth $8,671,000 after buying an additional 10,517 shares in the last quarter. Jane Street Group LLC grew its stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF by 50.3% in the 2nd quarter. Jane Street Group LLC now owns 135,041 shares of the company’s stock worth $5,717,000 after buying an additional 45,204 shares in the last quarter. Wealthfront Advisers LLC lifted its holdings in shares of Goldman Sachs ActiveBeta Europe Equity ETF by 26.3% in the 1st quarter. Wealthfront Advisers LLC now owns 16,406 shares of the company’s stock worth $742,000 after acquiring an additional 3,417 shares during the last quarter. Finally, Citadel Advisors LLC bought a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF in the 3rd quarter worth about $313,000.

Goldman Sachs ActiveBeta Europe Equity ETF Stock Down 0.4%

NYSEARCA GSEU traded down $0.21 on Tuesday, reaching $48.60. The company had a trading volume of 7,847 shares, compared to its average volume of 13,454. Goldman Sachs ActiveBeta Europe Equity ETF has a 12 month low of $40.90 and a 12 month high of $50.08. The stock has a market capitalization of $116.64 million, a PE ratio of 15.76 and a beta of 0.83. The firm’s 50 day moving average price is $47.24 and its 200 day moving average price is $46.58.

Goldman Sachs ActiveBeta Europe Equity ETF Company Profile

The Goldman Sachs ActiveBeta Europe Equity ETF (GSEU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed Europe large- and mid-cap equities, with equal weights to each of four factor buckets and stocks within each bucket weighted by a factor score. GSEU was launched on Mar 2, 2016 and is managed by Goldman Sachs.