FRG Family Wealth Advisors LLC Purchases New Shares in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

FRG Family Wealth Advisors LLC purchased a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 4,360 shares of the company’s stock, valued at approximately $356,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Spire Wealth Management raised its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 5.2% during the 2nd quarter. Spire Wealth Management now owns 12,656 shares of the company’s stock valued at $1,032,000 after buying an additional 627 shares during the period. Transcend Capital Advisors LLC grew its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 14.6% in the 2nd quarter. Transcend Capital Advisors LLC now owns 4,013 shares of the company’s stock valued at $327,000 after acquiring an additional 512 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 13.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 201,006 shares of the company’s stock valued at $16,390,000 after acquiring an additional 23,552 shares during the last quarter. Richards Merrill & Peterson Inc. grew its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 112.6% in the 2nd quarter. Richards Merrill & Peterson Inc. now owns 4,422 shares of the company’s stock valued at $361,000 after acquiring an additional 2,342 shares during the last quarter. Finally, Exencial Wealth Advisors LLC bought a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 2nd quarter valued at $947,000.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Up 8.9%

Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF stock opened at $84.67 on Thursday. The stock’s fifty day moving average is $84.68 and its two-hundred day moving average is $81.39. The company has a market capitalization of $1.33 billion, a PE ratio of 21.82 and a beta of 1.01. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 52 week low of $65.88 and a 52 week high of $83.97.

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

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.