Parsons Capital Management Inc. RI Grows Position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

Parsons Capital Management Inc. RI grew its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 24.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,259 shares of the company’s stock after purchasing an additional 7,286 shares during the quarter. Parsons Capital Management Inc. RI owned about 0.24% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF worth $3,171,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Members Trust Co purchased a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 3rd quarter valued at approximately $90,711,000. Envestnet Portfolio Solutions Inc. bought a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 3rd quarter worth approximately $9,254,000. Integrated Wealth Concepts LLC boosted its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 7.5% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 1,357,176 shares of the company’s stock worth $115,414,000 after buying an additional 94,490 shares during the period. Kilter Group LLC purchased a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 2nd quarter valued at approximately $7,223,000. Finally, Bank of America Corp DE grew its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 11.2% in the 3rd quarter. Bank of America Corp DE now owns 659,405 shares of the company’s stock valued at $56,076,000 after buying an additional 66,674 shares in the last quarter.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Price Performance

Shares of GSEW stock opened at $84.24 on Friday. The company’s fifty day simple moving average is $87.64 and its two-hundred day simple moving average is $85.98. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 1 year low of $65.88 and a 1 year high of $90.11. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 21.82 and a beta of 1.01.

About Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

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.