Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Shares Shorted: Short Interest Up 130.9% in September

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 123,628 shares, an increase of 130.9% from the August 31st total of 53,531 shares. Based on an average trading volume of 74,093 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.8% of the company’s shares are sold short.

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

A number of hedge funds have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. increased its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 140.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 205,983 shares of the company’s stock valued at $17,533,000 after acquiring an additional 120,394 shares in the last quarter. Advisors Preferred LLC grew its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 167.4% in the first quarter. Advisors Preferred LLC now owns 100,000 shares of the company’s stock worth $8,466,000 after purchasing an additional 62,600 shares during the period. Hanseatic Management Services Inc. acquired a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the first quarter worth $2,241,000. Aptus Capital Advisors LLC increased its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 4.5% in the fourth quarter. Aptus Capital Advisors LLC now owns 588,483 shares of the company’s stock valued at $50,092,000 after purchasing an additional 25,200 shares in the last quarter. Finally, Kestra Advisory Services LLC increased its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 685.2% in the first quarter. Kestra Advisory Services LLC now owns 22,314 shares of the company’s stock valued at $1,889,000 after purchasing an additional 19,472 shares in the last quarter.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Down 0.9%

Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF stock opened at $93.74 on Tuesday. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a twelve month low of $80.92 and a twelve month high of $99.42. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of 21.82 and a beta of 1.01. The company’s fifty day moving average is $96.40 and its 200 day moving average is $92.62.

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.