HB Wealth Management LLC Lowers Position in Goldman Sachs ActiveBeta International Equity ETF $GSIE

HB Wealth Management LLC lessened its holdings in Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) by 3.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,590,791 shares of the company’s stock after selling 90,551 shares during the period. Goldman Sachs ActiveBeta International Equity ETF accounts for approximately 0.7% of HB Wealth Management LLC’s portfolio, making the stock its 23rd largest holding. HB Wealth Management LLC owned approximately 2.20% of Goldman Sachs ActiveBeta International Equity ETF worth $111,249,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Glenmede Investment Management LP purchased a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the third quarter worth about $37,000. Ashton Thomas Securities LLC purchased a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the third quarter worth about $38,000. Miller Global Investments LLC purchased a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the fourth quarter worth about $43,000. Wealth Watch Advisors INC purchased a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the third quarter worth about $49,000. Finally, Family CFO Inc purchased a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF during the 4th quarter valued at $64,000.

Goldman Sachs ActiveBeta International Equity ETF Stock Performance

Goldman Sachs ActiveBeta International Equity ETF stock opened at $45.23 on Thursday. The firm’s fifty day moving average price is $44.58 and its 200-day moving average price is $43.31. The stock has a market cap of $5.57 billion, a P/E ratio of 15.44 and a beta of 0.80. Goldman Sachs ActiveBeta International Equity ETF has a fifty-two week low of $36.23 and a fifty-two week high of $46.86.

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.