Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Sees Unusually-High Trading Volume – Here’s What Happened

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) shares saw unusually-high trading volume on Thursday . Approximately 3,577,914 shares traded hands during mid-day trading, an increase of 227% from the previous session’s volume of 1,092,958 shares.The stock last traded at $43.6060 and had previously closed at $43.58.

Goldman Sachs ActiveBeta International Equity ETF Price Performance

The firm has a market cap of $4.95 billion, a price-to-earnings ratio of 15.44 and a beta of 0.84. The business has a fifty day simple moving average of $42.12 and a 200 day simple moving average of $41.07.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta International Equity ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. AQR Capital Management LLC lifted its stake in Goldman Sachs ActiveBeta International Equity ETF by 0.4% in the 1st quarter. AQR Capital Management LLC now owns 511,362 shares of the company’s stock worth $18,230,000 after purchasing an additional 2,121 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 72.5% in the first quarter. Ashton Thomas Private Wealth LLC now owns 27,201 shares of the company’s stock valued at $970,000 after purchasing an additional 11,434 shares during the period. Jane Street Group LLC increased its position in Goldman Sachs ActiveBeta International Equity ETF by 290.2% during the first quarter. Jane Street Group LLC now owns 840,320 shares of the company’s stock worth $29,957,000 after purchasing an additional 624,959 shares during the last quarter. Anchor Investment Management LLC raised its stake in Goldman Sachs ActiveBeta International Equity ETF by 4.7% during the first quarter. Anchor Investment Management LLC now owns 108,989 shares of the company’s stock worth $3,885,000 after purchasing an additional 4,922 shares during the period. Finally, Kera Capital Partners Inc. boosted its holdings in Goldman Sachs ActiveBeta International Equity ETF by 3.5% in the 2nd quarter. Kera Capital Partners Inc. now owns 377,170 shares of the company’s stock valued at $14,959,000 after purchasing an additional 12,644 shares during the last quarter.

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.