Goldman Sachs ActiveBeta International Equity ETF $GSIE Shares Newly Bought by Ledyard National Bank

Ledyard National Bank acquired a new position in Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) during the third quarter, HoldingsChannel reports. The institutional investor acquired 487,170 shares of the company’s stock, valued at approximately $22,332,000. Goldman Sachs ActiveBeta International Equity ETF accounts for 1.8% of Ledyard National Bank’s portfolio, making the stock its 15th biggest position.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Envestnet Portfolio Solutions Inc. increased its stake in Goldman Sachs ActiveBeta International Equity ETF by 28.7% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 800,098 shares of the company’s stock valued at $36,564,000 after purchasing an additional 178,635 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in Goldman Sachs ActiveBeta International Equity ETF by 23.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 330,044 shares of the company’s stock valued at $14,235,000 after buying an additional 63,469 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Goldman Sachs ActiveBeta International Equity ETF by 41.3% during the second quarter. Envestnet Asset Management Inc. now owns 5,892,976 shares of the company’s stock valued at $269,309,000 after acquiring an additional 1,722,307 shares during the last quarter. HB Wealth Management LLC increased its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 1.6% during the 2nd quarter. HB Wealth Management LLC now owns 2,594,781 shares of the company’s stock valued at $118,581,000 after purchasing an additional 40,245 shares during the last quarter. Finally, Wealthfront Advisers LLC raised its position in Goldman Sachs ActiveBeta International Equity ETF by 85.5% in the first quarter. Wealthfront Advisers LLC now owns 27,476 shares of the company’s stock worth $1,185,000 after acquiring an additional 12,661 shares during the period.

Goldman Sachs ActiveBeta International Equity ETF Stock Performance

Shares of Goldman Sachs ActiveBeta International Equity ETF stock opened at $46.06 on Friday. The stock’s fifty day moving average is $46.98 and its 200 day moving average is $46.27. Goldman Sachs ActiveBeta International Equity ETF has a one year low of $40.05 and a one year high of $48.49. The stock has a market cap of $5.93 billion, a P/E ratio of 15.44 and a beta of 0.77.

Goldman Sachs ActiveBeta International Equity ETF 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.