Northwestern Mutual Wealth Management Co. Makes New $2.34 Million Investment in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF $GLOV

Northwestern Mutual Wealth Management Co. purchased a new position in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 42,725 shares of the company’s stock, valued at approximately $2,340,000. Northwestern Mutual Wealth Management Co. owned about 0.18% of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of GLOV. Bank of Montreal Can raised its stake in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 52.2% in the 2nd quarter. Bank of Montreal Can now owns 1,260 shares of the company’s stock worth $69,000 after acquiring an additional 432 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 18.8% in the first quarter. Royal Bank of Canada now owns 5,482 shares of the company’s stock valued at $282,000 after purchasing an additional 868 shares during the period. Empirical Asset Management LLC raised its stake in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 0.9% in the second quarter. Empirical Asset Management LLC now owns 23,186 shares of the company’s stock worth $1,270,000 after purchasing an additional 210 shares during the last quarter. Truist Financial Corp acquired a new stake in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF during the second quarter worth about $3,965,000. Finally, Envestnet Asset Management Inc. boosted its position in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 31.1% in the second quarter. Envestnet Asset Management Inc. now owns 351,816 shares of the company’s stock valued at $19,269,000 after buying an additional 83,511 shares during the last quarter.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Trading Up 5.9%

Shares of BATS:GLOV opened at $57.61 on Friday. Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF has a twelve month low of $46.01 and a twelve month high of $55.58. The company has a market cap of $1.39 billion, a PE ratio of 19.52 and a beta of 0.74. The company’s 50 day moving average is $56.81 and its 200 day moving average is $55.71.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Profile

The Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF (GLOV) is an exchange-traded fund that mostly invests in total market equity. The fund selects large- and mid-cap stocks in developed markets based on four factors: value, momentum, quality and an emphasis on low volatility. GLOV was launched on Mar 15, 2022 and is managed by Goldman Sachs.