Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Shares Shorted: Short Interest Down 72.7% in October

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 23,294 shares, a decline of 72.7% from the September 30th total of 85,295 shares. Based on an average daily volume of 181,024 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Investors Weigh In On Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Advisors Preferred LLC boosted its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 167.4% during the 1st quarter. Advisors Preferred LLC now owns 100,000 shares of the company’s stock valued at $8,466,000 after buying an additional 62,600 shares during the period. Private Client Services LLC purchased a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the third quarter valued at about $2,499,000. Hanseatic Management Services Inc. purchased a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the first quarter valued at about $2,241,000. Kestra Advisory Services LLC raised its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 685.2% during the first quarter. Kestra Advisory Services LLC now owns 22,314 shares of the company’s stock valued at $1,889,000 after acquiring an additional 19,472 shares during the last quarter. Finally, Integrated Wealth Concepts LLC raised its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 1.5% during the second quarter. Integrated Wealth Concepts LLC now owns 1,217,488 shares of the company’s stock valued at $114,955,000 after acquiring an additional 17,928 shares during the last quarter.

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

Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF stock opened at $96.53 on Wednesday. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 52-week low of $80.92 and a 52-week high of $99.42. The stock has a market capitalization of $1.51 billion, a price-to-earnings ratio of 21.82 and a beta of 1.01. The company’s 50 day moving average price is $95.86 and its 200-day moving average price is $91.99.

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.