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

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) reached a new 52-week high on Tuesday . The stock traded as high as $96.33 and last traded at $96.30, with a volume of 11606 shares trading hands. The stock had previously closed at $95.85.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Down 0.1%

The company has a market cap of $1.52 billion, a P/E ratio of 21.82 and a beta of 1.01. The company has a fifty day moving average of $94.21 and a 200 day moving average of $90.37.

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

Several large investors have recently added to or reduced their stakes in the company. Breakwater Capital Group purchased a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 2nd quarter worth approximately $318,000. TrueWealth Advisors LLC purchased a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 2nd quarter valued at approximately $208,000. Central Pacific Bank Trust Division grew its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 8.4% during the 2nd quarter. Central Pacific Bank Trust Division now owns 6,876 shares of the company’s stock valued at $649,000 after buying an additional 534 shares in the last quarter. CoreCap Advisors LLC raised its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 5.3% during the second quarter. CoreCap Advisors LLC now owns 155,012 shares of the company’s stock valued at $14,636,000 after buying an additional 7,816 shares during the last quarter. Finally, Noble Wealth Management PBC raised its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 5.3% during the second quarter. Noble Wealth Management PBC now owns 22,587 shares of the company’s stock valued at $2,133,000 after buying an additional 1,144 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.