Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Shares Shorted: Short Interest Up 606.0% in October

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) was the target of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 164,466 shares, a growth of 606.0% from the October 15th total of 23,294 shares. Based on an average trading volume of 99,391 shares, the short-interest ratio is currently 1.7 days. Approximately 1.1% of the shares of the stock are short sold.

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

GSEW stock opened at $97.78 on Friday. The company has a market capitalization of $2.23 billion, a PE ratio of 20.96 and a beta of 0.96. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a one year low of $80.92 and a one year high of $99.42. The company’s 50 day moving average price is $95.69 and its two-hundred day moving average price is $92.53.

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

Several institutional investors and hedge funds have recently made changes to their positions in GSEW. Integrated Wealth Concepts LLC increased its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 1.5% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 1,217,488 shares of the company’s stock worth $114,955,000 after purchasing an additional 17,928 shares during the period. CKW Financial Group boosted its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 1.4% during the 3rd quarter. CKW Financial Group now owns 503,694 shares of the company’s stock valued at $47,206,000 after acquiring an additional 7,172 shares in the last quarter. Guardian Wealth Advisors LLC NC boosted its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 3.0% during the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 305,636 shares of the company’s stock valued at $28,858,000 after acquiring an additional 8,986 shares in the last quarter. IFP Advisors Inc boosted its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 4.1% during the 3rd quarter. IFP Advisors Inc now owns 234,712 shares of the company’s stock valued at $21,847,000 after acquiring an additional 9,195 shares in the last quarter. Finally, Cornerstone Advisors Asset Management LLC grew its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 2.9% during the 2nd quarter. Cornerstone Advisors Asset Management LLC now owns 195,825 shares of the company’s stock worth $18,490,000 after acquiring an additional 5,540 shares during the period.

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.