Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Sees Significant Decrease in Short Interest

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 126,032 shares, a decrease of 77.8% from the November 30th total of 566,988 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 454,516 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 454,516 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta International Equity ETF

A number of institutional investors have recently bought and sold shares of GSIE. Allworth Financial LP grew its holdings in Goldman Sachs ActiveBeta International Equity ETF by 8.6% during the third quarter. Allworth Financial LP now owns 3,096 shares of the company’s stock valued at $127,000 after purchasing an additional 244 shares during the period. IFP Advisors Inc lifted its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 12.6% during the 3rd quarter. IFP Advisors Inc now owns 134,406 shares of the company’s stock valued at $5,526,000 after buying an additional 15,081 shares in the last quarter. Lantern Wealth Advisors LLC purchased a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter valued at about $204,000. Captrust Financial Advisors grew its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 1.3% during the 3rd quarter. Captrust Financial Advisors now owns 1,284,257 shares of the company’s stock valued at $52,796,000 after acquiring an additional 16,133 shares during the period. Finally, NewEdge Advisors LLC increased its holdings in Goldman Sachs ActiveBeta International Equity ETF by 1.4% in the 3rd quarter. NewEdge Advisors LLC now owns 104,679 shares of the company’s stock worth $4,303,000 after acquiring an additional 1,464 shares in the last quarter.

Goldman Sachs ActiveBeta International Equity ETF Price Performance

Shares of GSIE traded up $0.07 during trading hours on Friday, hitting $43.21. The stock had a trading volume of 201,471 shares, compared to its average volume of 463,331. Goldman Sachs ActiveBeta International Equity ETF has a 12 month low of $31.73 and a 12 month high of $43.23. The firm has a market capitalization of $4.84 billion, a PE ratio of 15.44 and a beta of 0.84. The stock has a fifty day moving average price of $41.82 and a 200 day moving average price of $40.84.

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.