Northwestern Mutual Wealth Management Co. Reduces Stake in Goldman Sachs ActiveBeta International Equity ETF $GSIE

Northwestern Mutual Wealth Management Co. reduced its stake in Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) by 63.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 265,977 shares of the company’s stock after selling 452,059 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Goldman Sachs ActiveBeta International Equity ETF were worth $11,421,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in GSIE. Vantagepoint Investment Advisers LLC purchased a new stake in Goldman Sachs ActiveBeta International Equity ETF in the 3rd quarter valued at $230,137,000. Annex Advisory Services LLC grew its holdings in Goldman Sachs ActiveBeta International Equity ETF by 694.2% in the 4th quarter. Annex Advisory Services LLC now owns 1,365,028 shares of the company’s stock valued at $58,614,000 after buying an additional 1,193,163 shares in the last quarter. Bank of America Corp DE grew its holdings in Goldman Sachs ActiveBeta International Equity ETF by 30.3% in the 2nd quarter. Bank of America Corp DE now owns 4,516,794 shares of the company’s stock valued at $179,136,000 after buying an additional 1,050,477 shares in the last quarter. Thrivent Financial for Lutherans grew its holdings in Goldman Sachs ActiveBeta International Equity ETF by 3,521.5% in the 3rd quarter. Thrivent Financial for Lutherans now owns 574,878 shares of the company’s stock valued at $23,633,000 after buying an additional 559,004 shares in the last quarter. Finally, Lebenthal Global Advisors LLC purchased a new stake in Goldman Sachs ActiveBeta International Equity ETF in the 4th quarter valued at $20,738,000.

Goldman Sachs ActiveBeta International Equity ETF Stock Up 0.3%

Shares of NYSEARCA:GSIE opened at $45.82 on Friday. The business has a fifty day moving average of $44.44 and a two-hundred day moving average of $43.86. The stock has a market cap of $5.74 billion, a P/E ratio of 15.44 and a beta of 0.78. Goldman Sachs ActiveBeta International Equity ETF has a 52-week low of $38.50 and a 52-week high of $46.86.

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. GSIE was launched on Nov 6, 2015 and is managed by Goldman Sachs.