Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Reaches New 1-Year High – Here’s What Happened

Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $92.80 and last traded at $92.80, with a volume of 9853 shares changing hands. The stock had previously closed at $92.17.

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

The stock has a market capitalization of $1.46 billion, a P/E ratio of 21.82 and a beta of 1.01. The stock’s fifty day moving average is $88.70 and its 200-day moving average is $87.36.

Institutional Trading of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

Several large investors have recently made changes to their positions in the stock. Members Trust Co bought a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 3rd quarter valued at approximately $90,711,000. Northwestern Mutual Wealth Management Co. boosted its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 250.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 299,699 shares of the company’s stock worth $26,133,000 after purchasing an additional 214,110 shares during the period. Morgan Stanley grew its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 28.1% during the fourth quarter. Morgan Stanley now owns 927,246 shares of the company’s stock valued at $78,927,000 after purchasing an additional 203,219 shares during the last quarter. LPL Financial LLC grew its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 48.0% during the fourth quarter. LPL Financial LLC now owns 444,845 shares of the company’s stock valued at $37,865,000 after purchasing an additional 144,265 shares during the last quarter. Finally, Integrated Wealth Concepts LLC raised its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 7.5% in the third quarter. Integrated Wealth Concepts LLC now owns 1,357,176 shares of the company’s stock valued at $115,414,000 after purchasing an additional 94,490 shares during the period.

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.