Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) Sees Strong Trading Volume – Should You Buy?

Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) shares saw strong trading volume on Monday . 503,432 shares traded hands during mid-day 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 Stock Up 0.3 %

The stock has a market cap of $3.71 billion, a P/E ratio of 15.23 and a beta of 0.82. The stock has a fifty day simple moving average of $35.75 and a 200-day simple moving average of $34.98.

Goldman Sachs ActiveBeta International Equity ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Tuesday, March 25th were issued a $0.1309 dividend. The ex-dividend date of this dividend was Tuesday, March 25th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Prostatis Group LLC bought a new stake in Goldman Sachs ActiveBeta International Equity ETF in the 4th quarter valued at $584,000. Silver Oak Wealth Advisors Services LLC bought a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF in the fourth quarter valued at about $16,193,000. Brooklyn FI LLC acquired a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the fourth quarter worth about $2,698,000. Vise Technologies Inc. acquired a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the fourth quarter worth about $542,000. Finally, 10Elms LLP bought a new position in shares of Goldman Sachs ActiveBeta International Equity ETF during the fourth quarter worth about $26,000.

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.