NewEdge Advisors LLC Increases Stock Position in Goldman Sachs ActiveBeta International Equity ETF $GSIE

NewEdge Advisors LLC boosted its holdings in Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) by 101.0% during the 1st quarter, HoldingsChannel.com reports. The fund owned 190,234 shares of the company’s stock after buying an additional 95,567 shares during the period. NewEdge Advisors LLC’s holdings in Goldman Sachs ActiveBeta International Equity ETF were worth $8,205,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in GSIE. IFC & Insurance Marketing Inc. bought a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF in the 4th quarter worth $31,000. Glenmede Investment Management LP bought a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the third quarter valued at $37,000. Wealth Watch Advisors INC bought a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the third quarter valued at $49,000. Evelyn Partners Asset Management Ltd purchased a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF during the first quarter valued at $54,000. Finally, Advisortrust Partners LLC purchased a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF during the first quarter valued at $57,000.

Goldman Sachs ActiveBeta International Equity ETF Stock Performance

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

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.