Contango Wealth Management LLC Sells 35,533 Shares of Goldman Sachs ActiveBeta International Equity ETF $GSIE

Contango Wealth Management LLC lowered its holdings in shares of Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) by 67.1% in the 1st quarter, HoldingsChannel reports. The firm owned 17,435 shares of the company’s stock after selling 35,533 shares during the period. Goldman Sachs ActiveBeta International Equity ETF makes up approximately 0.9% of Contango Wealth Management LLC’s holdings, making the stock its 26th largest holding. Contango Wealth Management LLC’s holdings in Goldman Sachs ActiveBeta International Equity ETF were worth $752,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the business. Wells Fargo & Company MN lifted its stake in Goldman Sachs ActiveBeta International Equity ETF by 3.5% in the fourth quarter. Wells Fargo & Company MN now owns 22,119,644 shares of the company’s stock valued at $949,818,000 after buying an additional 747,167 shares during the period. Bank of America Corp DE grew its position in shares of Goldman Sachs ActiveBeta International Equity ETF by 30.3% during the 2nd quarter. Bank of America Corp DE now owns 4,516,794 shares of the company’s stock worth $179,136,000 after buying an additional 1,050,477 shares during the period. Morgan Stanley increased its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 0.6% in the 4th quarter. Morgan Stanley now owns 3,313,212 shares of the company’s stock valued at $142,269,000 after acquiring an additional 19,726 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 231.5% in the 1st quarter. Cetera Investment Advisers now owns 2,024,575 shares of the company’s stock valued at $87,320,000 after acquiring an additional 1,413,784 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in shares of Goldman Sachs ActiveBeta International Equity ETF by 1.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,941,802 shares of the company’s stock valued at $83,381,000 after acquiring an additional 25,202 shares in the last quarter.

Goldman Sachs ActiveBeta International Equity ETF Price Performance

Goldman Sachs ActiveBeta International Equity ETF stock opened at $47.01 on Monday. The company has a market capitalization of $6.00 billion, a PE ratio of 15.44 and a beta of 0.77. Goldman Sachs ActiveBeta International Equity ETF has a 12-month low of $38.69 and a 12-month high of $47.34. The firm’s fifty day moving average is $45.92 and its 200 day moving average is $45.18.

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