Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Reaches New 12-Month High – Time to Buy?

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) reached a new 52-week high on Monday . The stock traded as high as $36.97 and last traded at $36.94, with a volume of 297208 shares. The stock had previously closed at $36.53.

Goldman Sachs ActiveBeta International Equity ETF Stock Performance

The stock has a market cap of $3.83 billion, a P/E ratio of 15.30 and a beta of 0.88. The firm has a 50 day moving average of $35.05 and a two-hundred day moving average of $34.89.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta International Equity ETF

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