Envestnet Portfolio Solutions Inc. Has $36.56 Million Stock Holdings in Goldman Sachs ActiveBeta International Equity ETF $GSIE

Envestnet Portfolio Solutions Inc. boosted its position in Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) by 28.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 800,098 shares of the company’s stock after buying an additional 178,635 shares during the period. Envestnet Portfolio Solutions Inc. owned approximately 0.63% of Goldman Sachs ActiveBeta International Equity ETF worth $36,564,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in GSIE. Envestnet Asset Management Inc. raised its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 41.3% in the second quarter. Envestnet Asset Management Inc. now owns 5,892,976 shares of the company’s stock valued at $269,309,000 after buying an additional 1,722,307 shares during the period. Cetera Investment Advisers increased its holdings in Goldman Sachs ActiveBeta International Equity ETF by 231.5% in the 1st quarter. Cetera Investment Advisers now owns 2,024,575 shares of the company’s stock worth $87,320,000 after acquiring an additional 1,413,784 shares during the last quarter. Wells Fargo & Company MN increased its holdings in Goldman Sachs ActiveBeta International Equity ETF by 3.5% in the 4th quarter. Wells Fargo & Company MN now owns 22,119,644 shares of the company’s stock worth $949,818,000 after acquiring an additional 747,167 shares during the last quarter. Annex Advisory Services LLC increased its holdings in Goldman Sachs ActiveBeta International Equity ETF by 10.9% in the 2nd quarter. Annex Advisory Services LLC now owns 6,186,859 shares of the company’s stock worth $282,739,000 after acquiring an additional 609,836 shares during the last quarter. Finally, Capital Financial Group Inc. Co. ADV bought a new stake in Goldman Sachs ActiveBeta International Equity ETF in the 4th quarter valued at about $12,603,000.

Goldman Sachs ActiveBeta International Equity ETF Stock Performance

NYSEARCA GSIE traded down $0.78 during trading on Wednesday, hitting $46.66. 379,893 shares of the company’s stock traded hands, compared to its average volume of 483,160. The stock has a market capitalization of $5.95 billion, a price-to-earnings ratio of 15.44 and a beta of 0.77. Goldman Sachs ActiveBeta International Equity ETF has a 12-month low of $40.05 and a 12-month high of $48.49. The business has a 50 day moving average of $47.39 and a 200-day moving average of $45.83.

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. GSIE was launched on Nov 6, 2015 and is managed by Goldman Sachs.