Contango Wealth Management LLC Has $752,000 Stock Position in Goldman Sachs ActiveBeta International Equity ETF $GSIE

Contango Wealth Management LLC lowered its stake in Goldman Sachs ActiveBeta International Equity ETF (NYSEARCA:GSIE) by 67.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 17,435 shares of the company’s stock after selling 35,533 shares during the quarter. Goldman Sachs ActiveBeta International Equity ETF comprises approximately 0.9% of Contango Wealth Management LLC’s investment portfolio, making the stock its 26th biggest holding. Contango Wealth Management LLC’s holdings in Goldman Sachs ActiveBeta International Equity ETF were worth $752,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in GSIE. IFC & Insurance Marketing Inc. acquired a new position in Goldman Sachs ActiveBeta International Equity ETF during the fourth quarter valued at approximately $31,000. Glenmede Investment Management LP bought a new position in Goldman Sachs ActiveBeta International Equity ETF in the 3rd quarter valued at approximately $37,000. Wealth Watch Advisors INC acquired a new stake in Goldman Sachs ActiveBeta International Equity ETF in the third quarter valued at approximately $49,000. Evelyn Partners Asset Management Ltd acquired a new stake in Goldman Sachs ActiveBeta International Equity ETF in the first quarter valued at approximately $54,000. Finally, Advisortrust Partners LLC acquired a new stake in Goldman Sachs ActiveBeta International Equity ETF in the first quarter valued at approximately $57,000.

Goldman Sachs ActiveBeta International Equity ETF Stock Performance

Shares of NYSEARCA:GSIE opened at $47.01 on Monday. Goldman Sachs ActiveBeta International Equity ETF has a 52-week low of $38.69 and a 52-week high of $47.34. The company has a market capitalization of $6.00 billion, a PE ratio of 15.44 and a beta of 0.77. The company has a fifty day moving average of $45.92 and a 200-day moving average of $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.