Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Sees Strong Trading Volume – Here’s Why

Shares of Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) saw an uptick in trading volume on Monday . 509,802 shares traded hands during trading, an increase of 1% from the previous session’s volume of 503,250 shares.The stock last traded at $33.72 and had previously closed at $33.38.

Goldman Sachs ActiveBeta International Equity ETF Stock Performance

The company’s 50 day moving average price is $34.14 and its 200-day moving average price is $34.61. The stock has a market cap of $3.55 billion, a P/E ratio of 12.99 and a beta of 0.80.

Institutional Trading of Goldman Sachs ActiveBeta International Equity ETF

A number of large investors have recently added to or reduced their stakes in the stock. Ashton Thomas Private Wealth LLC grew its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 5.1% in the second quarter. Ashton Thomas Private Wealth LLC now owns 16,084 shares of the company’s stock valued at $541,000 after purchasing an additional 787 shares in the last quarter. LPL Financial LLC boosted its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 2.8% in the second quarter. LPL Financial LLC now owns 6,875,413 shares of the company’s stock valued at $231,358,000 after acquiring an additional 187,961 shares during the period. Envestnet Asset Management Inc. grew its stake in Goldman Sachs ActiveBeta International Equity ETF by 2.0% during the second quarter. Envestnet Asset Management Inc. now owns 3,207,095 shares of the company’s stock valued at $107,919,000 after acquiring an additional 63,291 shares in the last quarter. Brown Brothers Harriman & Co. purchased a new stake in Goldman Sachs ActiveBeta International Equity ETF in the 2nd quarter worth approximately $45,000. Finally, SigFig Wealth Management LLC boosted its holdings in Goldman Sachs ActiveBeta International Equity ETF by 1.4% in the 2nd quarter. SigFig Wealth Management LLC now owns 4,270,583 shares of the company’s stock valued at $143,705,000 after purchasing an additional 57,650 shares during the period.

Goldman Sachs ActiveBeta International Equity ETF Company Profile

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.