Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Hits New 12-Month High – Should You Buy?

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $46.88 and last traded at $46.87, with a volume of 173775 shares changing hands. The stock had previously closed at $46.43.

Goldman Sachs ActiveBeta International Equity ETF Price Performance

The firm’s 50-day moving average price is $45.54 and its 200 day moving average price is $44.49. The firm has a market cap of $5.80 billion, a P/E ratio of 15.44 and a beta of 0.77.

Institutional Trading of Goldman Sachs ActiveBeta International Equity ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. High Probability Advisors LLC boosted its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 1.4% during the fourth quarter. High Probability Advisors LLC now owns 970,100 shares of the company’s stock valued at $41,656,000 after acquiring an additional 13,439 shares during the period. Asset Advisors Investment Management LLC increased its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 37.1% in the 4th quarter. Asset Advisors Investment Management LLC now owns 429,780 shares of the company’s stock worth $18,455,000 after acquiring an additional 116,303 shares during the period. Captrust Financial Advisors increased its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 1.3% in the 3rd quarter. Captrust Financial Advisors now owns 1,284,257 shares of the company’s stock worth $52,796,000 after acquiring an additional 16,133 shares during the period. American National Bank & Trust increased its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 6.6% in the 4th quarter. American National Bank & Trust now owns 703,394 shares of the company’s stock worth $30,204,000 after acquiring an additional 43,419 shares during the period. Finally, Lebenthal Global Advisors LLC bought a new stake in Goldman Sachs ActiveBeta International Equity ETF in the 4th quarter valued at about $20,738,000.

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.