Fernwood Investment Management LLC Sells 18,998 Shares of Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE)

Fernwood Investment Management LLC trimmed its holdings in Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) by 43.2% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 24,979 shares of the company’s stock after selling 18,998 shares during the quarter. Fernwood Investment Management LLC’s holdings in Goldman Sachs ActiveBeta International Equity ETF were worth $903,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Concourse Financial Group Securities Inc. boosted its position in Goldman Sachs ActiveBeta International Equity ETF by 137.1% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 875 shares of the company’s stock valued at $32,000 after buying an additional 506 shares during the last quarter. Fifth Third Securities Inc. lifted its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 4.2% during the second quarter. Fifth Third Securities Inc. now owns 15,279 shares of the company’s stock valued at $514,000 after acquiring an additional 619 shares during the period. Ashton Thomas Private Wealth LLC boosted its holdings in Goldman Sachs ActiveBeta International Equity ETF by 5.1% in the second quarter. Ashton Thomas Private Wealth LLC now owns 16,084 shares of the company’s stock valued at $541,000 after acquiring an additional 787 shares during the last quarter. Armstrong Advisory Group Inc. acquired a new stake in Goldman Sachs ActiveBeta International Equity ETF in the third quarter worth about $34,000. Finally, Brown Brothers Harriman & Co. bought a new stake in Goldman Sachs ActiveBeta International Equity ETF during the 2nd quarter worth about $45,000.

Goldman Sachs ActiveBeta International Equity ETF Price Performance

Shares of NYSEARCA GSIE traded up $0.10 during mid-day trading on Friday, hitting $34.46. The company’s stock had a trading volume of 319,056 shares, compared to its average volume of 357,968. Goldman Sachs ActiveBeta International Equity ETF has a one year low of $29.56 and a one year high of $36.54. The company’s fifty day simple moving average is $35.46 and its 200-day simple moving average is $34.63. The stock has a market cap of $3.64 billion, a price-to-earnings ratio of 12.99 and a beta of 0.80.

Goldman Sachs ActiveBeta International Equity ETF 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.