Ledyard National Bank Reduces Stock Holdings in Goldman Sachs ActiveBeta International Equity ETF $GSIE

Ledyard National Bank cut its holdings in Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) by 2.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 497,709 shares of the company’s stock after selling 11,103 shares during the period. Goldman Sachs ActiveBeta International Equity ETF comprises about 1.8% of Ledyard National Bank’s holdings, making the stock its 11th largest position. Ledyard National Bank’s holdings in Goldman Sachs ActiveBeta International Equity ETF were worth $20,461,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in GSIE. Ashton Thomas Securities LLC purchased a new position in Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter valued at about $38,000. Heartwood Wealth Advisors LLC acquired a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF in the third quarter valued at approximately $49,000. Ameritas Advisory Services LLC purchased a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the 2nd quarter worth approximately $68,000. United Community Bank purchased a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the 3rd quarter worth approximately $109,000. Finally, TD Waterhouse Canada Inc. acquired a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the 2nd quarter worth approximately $105,000.

Goldman Sachs ActiveBeta International Equity ETF Stock Performance

GSIE stock opened at $45.49 on Friday. The stock’s 50 day moving average price is $43.49 and its 200 day moving average price is $41.81. The firm has a market cap of $5.35 billion, a P/E ratio of 15.44 and a beta of 0.84. Goldman Sachs ActiveBeta International Equity ETF has a 1 year low of $31.73 and a 1 year high of $45.56.

Goldman Sachs ActiveBeta International Equity ETF 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.