NewEdge Advisors LLC Raises Stock Holdings in Goldman Sachs ActiveBeta International Equity ETF $GSIE

NewEdge Advisors LLC boosted its position in Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) by 101.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 190,234 shares of the company’s stock after purchasing an additional 95,567 shares during the quarter. NewEdge Advisors LLC owned approximately 0.15% of Goldman Sachs ActiveBeta International Equity ETF worth $8,205,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. IFC & Insurance Marketing Inc. purchased a new position in Goldman Sachs ActiveBeta International Equity ETF during the fourth quarter valued at $31,000. Glenmede Investment Management LP purchased a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF in the third quarter worth $37,000. Wealth Watch Advisors INC purchased a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF in the third quarter worth $49,000. Evelyn Partners Asset Management Ltd bought a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the first quarter valued at $54,000. Finally, Advisortrust Partners LLC bought a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the first quarter valued at $57,000.

Goldman Sachs ActiveBeta International Equity ETF Price Performance

GSIE opened at $48.26 on Monday. The stock has a 50-day moving average price of $46.10 and a 200-day moving average price of $45.31. The firm has a market cap of $6.16 billion, a PE ratio of 15.44 and a beta of 0.77. Goldman Sachs ActiveBeta International Equity ETF has a 1 year low of $39.95 and a 1 year high of $48.30.

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.