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-strong trading volume on Monday . Approximately 503,432 shares were traded during mid-day trading, an increase of 42% from the previous session’s volume of 353,533 shares.The stock last traded at $35.41 and had previously closed at $35.98.

Goldman Sachs ActiveBeta International Equity ETF Stock Performance

The firm has a market capitalization of $3.68 billion, a PE ratio of 15.30 and a beta of 0.88. The company’s 50-day moving average price is $35.68 and its 200-day moving average price is $34.98.

Goldman Sachs ActiveBeta International Equity ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 25th will be given a dividend of $0.1309 per share. The ex-dividend date of this dividend is Tuesday, March 25th.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta International Equity ETF

Several hedge funds have recently added to or reduced their stakes in the stock. 10Elms LLP purchased a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF during the 4th quarter worth approximately $26,000. CIBC Private Wealth Group LLC purchased a new stake in Goldman Sachs ActiveBeta International Equity ETF in the fourth quarter valued at $31,000. Sugar Maple Asset Management LLC acquired a new position in Goldman Sachs ActiveBeta International Equity ETF in the fourth quarter valued at $32,000. Family CFO Inc purchased a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the fourth quarter worth about $50,000. Finally, M Holdings Securities Inc. acquired a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF during the fourth quarter worth about $51,000.

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.