Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Reaches New 12-Month High – Still a Buy?

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $44.20 and last traded at $44.1350, with a volume of 94551 shares. The stock had previously closed at $43.83.

Goldman Sachs ActiveBeta International Equity ETF Stock Up 0.7%

The business’s 50 day moving average is $42.62 and its 200-day moving average is $41.38. The firm has a market capitalization of $5.19 billion, a P/E ratio of 15.44 and a beta of 0.84.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta International Equity ETF

A number of hedge funds have recently modified their holdings of GSIE. Newman Dignan & Sheerar Inc. grew its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 2.6% in the 4th quarter. Newman Dignan & Sheerar Inc. now owns 176,632 shares of the company’s stock valued at $7,585,000 after buying an additional 4,440 shares during the period. Baker Ellis Asset Management LLC grew its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 1.4% in the 4th quarter. Baker Ellis Asset Management LLC now owns 422,232 shares of the company’s stock worth $18,131,000 after acquiring an additional 5,858 shares in the last quarter. Winthrop Advisory Group LLC increased its stake in Goldman Sachs ActiveBeta International Equity ETF by 2.6% in the 4th quarter. Winthrop Advisory Group LLC now owns 128,509 shares of the company’s stock valued at $5,518,000 after buying an additional 3,226 shares during the last quarter. Leo Wealth LLC bought a new stake in Goldman Sachs ActiveBeta International Equity ETF during the fourth quarter worth $200,000. Finally, American National Bank & Trust boosted its stake in Goldman Sachs ActiveBeta International Equity ETF by 6.6% in the fourth quarter. American National Bank & Trust now owns 703,394 shares of the company’s stock valued at $30,204,000 after acquiring an additional 43,419 shares during the last quarter.

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. GSIE was launched on Nov 6, 2015 and is managed by Goldman Sachs.