Stonehearth Capital Management LLC Makes New Investment in Goldman Sachs ActiveBeta International Equity ETF $GSIE

Stonehearth Capital Management LLC bought a new position in shares of Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 65,278 shares of the company’s stock, valued at approximately $2,992,000. Goldman Sachs ActiveBeta International Equity ETF comprises 1.0% of Stonehearth Capital Management LLC’s portfolio, making the stock its 17th biggest position.

Several other institutional investors also recently bought and sold shares of GSIE. Annex Advisory Services LLC increased its holdings in Goldman Sachs ActiveBeta International Equity ETF by 10.9% in the 2nd quarter. Annex Advisory Services LLC now owns 6,186,859 shares of the company’s stock valued at $282,739,000 after acquiring an additional 609,836 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Goldman Sachs ActiveBeta International Equity ETF by 41.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,892,976 shares of the company’s stock worth $269,309,000 after purchasing an additional 1,722,307 shares in the last quarter. SigFig Wealth Management LLC lifted its stake in Goldman Sachs ActiveBeta International Equity ETF by 3.1% in the 3rd quarter. SigFig Wealth Management LLC now owns 5,128,697 shares of the company’s stock worth $235,099,000 after purchasing an additional 156,032 shares in the last quarter. HB Wealth Management LLC lifted its stake in Goldman Sachs ActiveBeta International Equity ETF by 1.6% in the 2nd quarter. HB Wealth Management LLC now owns 2,594,781 shares of the company’s stock worth $118,581,000 after purchasing an additional 40,245 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 231.5% during the 1st quarter. Cetera Investment Advisers now owns 2,024,575 shares of the company’s stock valued at $87,320,000 after purchasing an additional 1,413,784 shares during the last quarter.

Goldman Sachs ActiveBeta International Equity ETF Stock Up 0.7%

GSIE opened at $45.96 on Wednesday. The company has a market capitalization of $5.90 billion, a PE ratio of 15.44 and a beta of 0.77. The firm has a 50-day simple moving average of $47.26 and a two-hundred day simple moving average of $46.11. Goldman Sachs ActiveBeta International Equity ETF has a 52 week low of $40.05 and a 52 week high of $48.49.

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.