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

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) shares saw unusually-high trading volume on Tuesday . Approximately 1,700,173 shares traded hands during trading, an increase of 394% from the previous session’s volume of 343,869 shares.The stock last traded at $36.73 and had previously closed at $36.93.

Goldman Sachs ActiveBeta International Equity ETF Trading Down 0.1 %

The stock’s 50-day simple moving average is $35.11 and its 200-day simple moving average is $34.90. The stock has a market cap of $3.83 billion, a price-to-earnings ratio of 15.30 and a beta of 0.88.

Institutional Trading of Goldman Sachs ActiveBeta International Equity ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Stifel Financial Corp lifted its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 3.9% during the 3rd quarter. Stifel Financial Corp now owns 23,224 shares of the company’s stock worth $840,000 after acquiring an additional 863 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 33.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 89,824 shares of the company’s stock worth $2,995,000 after acquiring an additional 22,533 shares during the period. FMR LLC lifted its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 26.8% during the 3rd quarter. FMR LLC now owns 25,004 shares of the company’s stock worth $904,000 after acquiring an additional 5,292 shares during the period. JPMorgan Chase & Co. lifted its stake in Goldman Sachs ActiveBeta International Equity ETF by 9.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 83,082 shares of the company’s stock valued at $3,005,000 after purchasing an additional 7,306 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in Goldman Sachs ActiveBeta International Equity ETF by 2.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 719,045 shares of the company’s stock valued at $23,973,000 after purchasing an additional 20,235 shares during the last quarter.

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.