Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU – Get Free Report) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 14,656 shares, an increase of 74.2% from the May 31st total of 8,412 shares. Based on an average daily trading volume, of 6,731 shares, the short-interest ratio is currently 2.2 days. Currently, 0.6% of the shares of the company are short sold.
Institutional Trading of Goldman Sachs ActiveBeta Europe Equity ETF
Several hedge funds have recently added to or reduced their stakes in GSEU. Wealthfront Advisers LLC raised its position in shares of Goldman Sachs ActiveBeta Europe Equity ETF by 26.3% in the 1st quarter. Wealthfront Advisers LLC now owns 16,406 shares of the company’s stock valued at $742,000 after buying an additional 3,417 shares in the last quarter. SHP Wealth Management acquired a new position in Goldman Sachs ActiveBeta Europe Equity ETF during the fourth quarter valued at approximately $74,000. LPL Financial LLC lifted its stake in Goldman Sachs ActiveBeta Europe Equity ETF by 5.9% during the fourth quarter. LPL Financial LLC now owns 189,781 shares of the company’s stock worth $8,671,000 after purchasing an additional 10,517 shares during the last quarter. Founders Financial Securities LLC bought a new stake in Goldman Sachs ActiveBeta Europe Equity ETF during the fourth quarter worth $209,000. Finally, Citadel Advisors LLC acquired a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF in the 3rd quarter valued at $313,000.
Goldman Sachs ActiveBeta Europe Equity ETF Stock Up 1.3%
Shares of GSEU stock traded up $0.64 during trading on Thursday, reaching $48.77. 8,331 shares of the company’s stock were exchanged, compared to its average volume of 12,165. The stock has a market capitalization of $121.93 million, a PE ratio of 15.76 and a beta of 0.83. The firm’s fifty day moving average price is $48.28 and its 200-day moving average price is $47.27. Goldman Sachs ActiveBeta Europe Equity ETF has a twelve month low of $40.90 and a twelve month high of $50.08.
Goldman Sachs ActiveBeta Europe Equity ETF Company Profile
The Goldman Sachs ActiveBeta Europe Equity ETF (GSEU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed Europe large- and mid-cap equities, with equal weights to each of four factor buckets and stocks within each bucket weighted by a factor score. GSEU was launched on Mar 2, 2016 and is managed by Goldman Sachs.
Featured Articles
- Five stocks we like better than Goldman Sachs ActiveBeta Europe Equity ETF
- Shorting the Grid: Bloom Energy’s $25B AI Power Play
- SanDisk’s Volatility May Be Telling Bulls What They Want to Hear
- Meta’s AI Compute Push Could Turn Its Massive CapEx Bill Into a Competitive Weapon
- 3 Dividend ETFs Built for Stability in a Volatile Market
Receive News & Ratings for Goldman Sachs ActiveBeta Europe Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goldman Sachs ActiveBeta Europe Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
