Northwestern Mutual Wealth Management Co. Acquires 214,110 Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

Northwestern Mutual Wealth Management Co. raised its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 250.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 299,699 shares of the company’s stock after buying an additional 214,110 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 1.92% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF worth $26,133,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. PFG Investments LLC bought a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 4th quarter valued at $1,046,000. Merit Financial Group LLC bought a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 4th quarter worth about $3,079,000. Fifth Third Securities Inc. bought a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 4th quarter worth about $2,908,000. Vawter Financial Ltd. bought a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 3rd quarter worth about $495,000. Finally, Savvy Advisors Inc. bought a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 4th quarter worth about $2,772,000.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Performance

GSEW opened at $89.81 on Wednesday. The firm’s 50-day simple moving average is $87.77 and its 200-day simple moving average is $86.93. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a twelve month low of $77.11 and a twelve month high of $91.71. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of 21.82 and a beta of 1.01.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Profile

The Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of US large-cap stocks. GSEW was launched on Sep 12, 2017 and is managed by Goldman Sachs.