Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) Trading Down 0.1%

Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) dropped 0.1% during trading on Wednesday . The company traded as low as $29.33 and last traded at $29.34, approximately 5,800 shares traded hands during trading. An increase of 128% from the average daily volume of 2,539 shares. The stock had previously closed at $29.38.

The business’s 50 day simple moving average is $31.36 and its 200 day simple moving average is $30.20.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. boosted its holdings in Goldman Sachs ActiveBeta Europe Equity ETF by 342.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 32,416 shares of the company’s stock worth $1,025,000 after buying an additional 25,096 shares during the period. CWM LLC increased its stake in Goldman Sachs ActiveBeta Europe Equity ETF by 70.3% in the 4th quarter. CWM LLC now owns 2,103 shares of the company’s stock worth $66,000 after buying an additional 868 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in Goldman Sachs ActiveBeta Europe Equity ETF by 36.3% in the 2nd quarter. Royal Bank of Canada now owns 1,363 shares of the company’s stock worth $41,000 after buying an additional 363 shares in the last quarter.

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