Elmwood Wealth Management Inc. Decreases Stock Position in Goldman Sachs ActiveBeta International Equity ETF $GSIE

Elmwood Wealth Management Inc. cut its holdings in Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) by 1.1% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,874 shares of the company’s stock after selling 900 shares during the period. Goldman Sachs ActiveBeta International Equity ETF comprises about 1.2% of Elmwood Wealth Management Inc.’s holdings, making the stock its 29th largest position. Elmwood Wealth Management Inc. owned about 0.08% of Goldman Sachs ActiveBeta International Equity ETF worth $3,128,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in GSIE. Farther Finance Advisors LLC purchased a new stake in shares of Goldman Sachs ActiveBeta International Equity ETF in the 1st quarter worth about $534,000. Wealth Enhancement Advisory Services LLC raised its stake in Goldman Sachs ActiveBeta International Equity ETF by 13.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 221,496 shares of the company’s stock valued at $7,896,000 after purchasing an additional 26,011 shares during the last quarter. Brighton Jones LLC acquired a new position in Goldman Sachs ActiveBeta International Equity ETF in the 1st quarter valued at about $205,000. Janney Montgomery Scott LLC raised its stake in Goldman Sachs ActiveBeta International Equity ETF by 15.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 103,314 shares of the company’s stock valued at $3,683,000 after purchasing an additional 13,490 shares during the last quarter. Finally, Sowell Financial Services LLC acquired a new position in Goldman Sachs ActiveBeta International Equity ETF in the 1st quarter valued at about $278,000.

Goldman Sachs ActiveBeta International Equity ETF Trading Up 0.7%

Shares of GSIE stock opened at $40.68 on Tuesday. The firm has a 50-day moving average price of $40.90 and a 200 day moving average price of $39.07. Goldman Sachs ActiveBeta International Equity ETF has a twelve month low of $31.73 and a twelve month high of $41.79. The company has a market capitalization of $4.53 billion, a price-to-earnings ratio of 15.44 and a beta of 0.87.

About Goldman Sachs ActiveBeta International Equity ETF

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.