Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Hits New 1-Year Low – Time to Sell?

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as $31.75 and last traded at $31.75, with a volume of 23480 shares traded. The stock had previously closed at $32.98.

Goldman Sachs ActiveBeta International Equity ETF Stock Performance

The stock has a market cap of $3.62 billion, a price-to-earnings ratio of 15.23 and a beta of 0.82. The firm’s 50-day simple moving average is $35.60 and its two-hundred day simple moving average is $34.88.

Goldman Sachs ActiveBeta International Equity ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Tuesday, March 25th were paid a $0.1309 dividend. The ex-dividend date of this dividend was Tuesday, March 25th.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta International Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. NBC Securities Inc. lifted its holdings in Goldman Sachs ActiveBeta International Equity ETF by 103,733.3% in the first quarter. NBC Securities Inc. now owns 6,230 shares of the company’s stock valued at $222,000 after buying an additional 6,224 shares during the period. SigFig Wealth Management LLC grew its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 0.5% during the first quarter. SigFig Wealth Management LLC now owns 4,550,788 shares of the company’s stock worth $163,737,000 after purchasing an additional 23,002 shares during the period. Quent Capital LLC bought a new stake in Goldman Sachs ActiveBeta International Equity ETF in the first quarter valued at about $47,000. Kera Capital Partners Inc. increased its holdings in Goldman Sachs ActiveBeta International Equity ETF by 4.7% in the first quarter. Kera Capital Partners Inc. now owns 364,526 shares of the company’s stock valued at $12,995,000 after purchasing an additional 16,413 shares during the last quarter. Finally, Prostatis Group LLC acquired a new position in Goldman Sachs ActiveBeta International Equity ETF in the fourth quarter valued at about $584,000.

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.