Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Sees Large Volume Increase – Here’s Why

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) shares saw unusually-high trading volume on Monday . Approximately 503,432 shares were traded during 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 Trading Down 1.4 %

The company has a market capitalization of $3.68 billion, a P/E ratio of 15.30 and a beta of 0.88. The business has a 50 day moving average price of $35.68 and a 200 day moving average price of $34.98.

Goldman Sachs ActiveBeta International Equity ETF Cuts Dividend

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

Institutional Investors Weigh In On Goldman Sachs ActiveBeta International Equity ETF

Several large investors have recently modified their holdings of the business. Wells Fargo & Company MN lifted its stake in Goldman Sachs ActiveBeta International Equity ETF by 2.9% in the fourth quarter. Wells Fargo & Company MN now owns 20,475,937 shares of the company’s stock valued at $682,668,000 after buying an additional 568,547 shares in the last quarter. LPL Financial LLC boosted its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 3.6% during the fourth quarter. LPL Financial LLC now owns 6,888,586 shares of the company’s stock worth $229,665,000 after buying an additional 239,963 shares during the period. SigFig Wealth Management LLC grew its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF by 5.3% during the fourth quarter. SigFig Wealth Management LLC now owns 4,527,786 shares of the company’s stock worth $151,001,000 after buying an additional 228,582 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Goldman Sachs ActiveBeta International Equity ETF by 10.5% in the 4th quarter. Envestnet Asset Management Inc. now owns 3,626,083 shares of the company’s stock valued at $120,894,000 after buying an additional 343,409 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in Goldman Sachs ActiveBeta International Equity ETF by 6.8% in the 4th quarter. Cetera Investment Advisers now owns 1,270,636 shares of the company’s stock valued at $42,363,000 after acquiring an additional 80,948 shares in the last quarter.

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.