Northwestern Mutual Wealth Management Co. Boosts Position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

Northwestern Mutual Wealth Management Co. raised its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 140.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 205,983 shares of the company’s stock after purchasing an additional 120,394 shares during the period. Northwestern Mutual Wealth Management Co. owned 1.32% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF worth $17,533,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Whittier Trust Co. purchased a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 4th quarter valued at about $26,000. Richards Merrill & Peterson Inc. increased its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 7.1% during the 4th quarter. Richards Merrill & Peterson Inc. now owns 4,935 shares of the company’s stock valued at $420,000 after purchasing an additional 326 shares during the period. Ancora Advisors LLC purchased a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 3rd quarter valued at about $32,000. Central Pacific Bank Trust Division increased its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 7.1% during the 4th quarter. Central Pacific Bank Trust Division now owns 6,342 shares of the company’s stock valued at $540,000 after purchasing an additional 419 shares during the period. Finally, Allworth Financial LP purchased a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 4th quarter valued at about $37,000.

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

BATS GSEW opened at $93.05 on Monday. The company has a market capitalization of $1.46 billion, a price-to-earnings ratio of 21.82 and a beta of 1.01. The company’s 50-day simple moving average is $88.70 and its two-hundred day simple moving average is $87.38. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a one year low of $77.93 and a one year high of $93.18.

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