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. grew 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. The fund owned 299,699 shares of the company’s stock after purchasing an additional 214,110 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $26,133,000 at the end of the most recent reporting period.

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

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Trading Down 0.4%

Shares of BATS GSEW opened at $89.81 on Wednesday. The firm has a market capitalization of $1.41 billion, a PE ratio of 21.82 and a beta of 1.01. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 1 year low of $77.11 and a 1 year high of $91.71. The firm’s 50-day moving average is $87.77 and its 200-day moving average is $86.93.

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.