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

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) shares hit a new 52-week high on Monday . The company traded as high as $86.35 and last traded at $88.35, with a volume of 86338 shares traded. The stock had previously closed at $85.15.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Up 4.4%

The business’s 50 day simple moving average is $86.73 and its 200 day simple moving average is $85.00. The stock has a market cap of $1.39 billion, a price-to-earnings ratio of 21.82 and a beta of 1.01.

Hedge Funds Weigh In On Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

A number of institutional investors have recently bought and sold shares of GSEW. Richards Merrill & Peterson Inc. boosted its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 4.2% during the 3rd quarter. Richards Merrill & Peterson Inc. now owns 4,609 shares of the company’s stock worth $392,000 after acquiring an additional 187 shares during the period. Kathmere Capital Management LLC lifted its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 0.4% during the 3rd quarter. Kathmere Capital Management LLC now owns 47,484 shares of the company’s stock valued at $4,038,000 after purchasing an additional 194 shares during the last quarter. Whittier Trust Co. bought a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the fourth quarter worth $26,000. Princeton Global Asset Management LLC boosted its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 2.1% during the third quarter. Princeton Global Asset Management LLC now owns 14,874 shares of the company’s stock worth $1,265,000 after purchasing an additional 300 shares during the period. Finally, Panoramic Investment Advisors LLC increased its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 3.5% in the third quarter. Panoramic Investment Advisors LLC now owns 10,641 shares of the company’s stock valued at $905,000 after purchasing an additional 356 shares during the last quarter.

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