Janney Montgomery Scott LLC Sells 45,865 Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

Janney Montgomery Scott LLC trimmed its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 53.7% in the first quarter, Holdings Channel reports. The institutional investor owned 39,493 shares of the company’s stock after selling 45,865 shares during the period. Janney Montgomery Scott LLC’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $3,343,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in GSEW. Integrated Wealth Concepts LLC grew its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 7.5% during the third 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 in the last quarter. Members Trust Co raised its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 3.5% in the 4th quarter. Members Trust Co now owns 1,104,114 shares of the company’s stock valued at $93,982,000 after acquiring an additional 37,429 shares in the last quarter. Morgan Stanley lifted its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 28.1% during the 4th quarter. Morgan Stanley now owns 927,246 shares of the company’s stock valued at $78,927,000 after acquiring an additional 203,219 shares during the period. Bank of America Corp DE lifted its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 11.2% during the 3rd quarter. Bank of America Corp DE now owns 659,405 shares of the company’s stock valued at $56,076,000 after acquiring an additional 66,674 shares during the period. Finally, Aptus Capital Advisors LLC grew its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 4.5% during the 4th quarter. Aptus Capital Advisors LLC now owns 588,483 shares of the company’s stock worth $50,092,000 after purchasing an additional 25,200 shares in the last quarter.

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

Shares of BATS GSEW opened at $95.20 on Wednesday. The stock has a market capitalization of $1.49 billion, a P/E ratio of 21.82 and a beta of 1.01. The stock’s fifty day moving average is $92.43 and its 200 day moving average is $89.15. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 52 week low of $80.92 and a 52 week high of $95.80.

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.