Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Shares Break Above Fifty Day Moving Average – Here’s What Happened

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $46.66 and traded as high as $47.34. Goldman Sachs ActiveBeta International Equity ETF shares last traded at $47.32, with a volume of 755,945 shares trading hands.

Goldman Sachs ActiveBeta International Equity ETF Price Performance

The firm has a market capitalization of $6.09 billion, a price-to-earnings ratio of 15.44 and a beta of 0.78. The business has a 50 day moving average of $46.66 and a 200 day moving average of $45.80.

Institutional Trading of Goldman Sachs ActiveBeta International Equity ETF

Large investors have recently made changes to their positions in the company. Brown Lisle Cummings Inc. raised its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 219.3% in the third quarter. Brown Lisle Cummings Inc. now owns 712 shares of the company’s stock valued at $33,000 after purchasing an additional 489 shares during the last quarter. Tompkins Financial Corp acquired a new stake in Goldman Sachs ActiveBeta International Equity ETF in the 3rd quarter valued at about $45,000. Continuum Advisory LLC acquired a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF in the second quarter valued at approximately $52,000. Evelyn Partners Asset Management Ltd acquired a new stake in Goldman Sachs ActiveBeta International Equity ETF during the 1st quarter valued at $54,000. Finally, Advisortrust Partners LLC bought a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF during the 1st quarter worth about $57,000.

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