Brand Asset Management Group Inc. Invests $782,000 in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

Brand Asset Management Group Inc. bought a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) during the third quarter, Holdings Channel reports. The firm bought 9,198 shares of the company’s stock, valued at approximately $782,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Jackson Grant Investment Advisers Inc. bought a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 3rd quarter worth approximately $195,000. Mendel Money Management bought a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the third quarter worth $303,000. Richmond Investment Services LLC bought a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the second quarter worth $342,000. MAI Capital Management raised its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 15.0% in the 2nd quarter. MAI Capital Management now owns 4,250 shares of the company’s stock valued at $347,000 after buying an additional 554 shares during the last quarter. Finally, Richards Merrill & Peterson Inc. raised its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 4.2% in the 3rd quarter. Richards Merrill & Peterson Inc. now owns 4,609 shares of the company’s stock valued at $392,000 after buying an additional 187 shares during the last quarter.

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

Shares of BATS:GSEW opened at $89.75 on Friday. The stock has a market cap of $1.40 billion, a PE ratio of 21.82 and a beta of 1.01. The stock’s fifty day simple moving average is $87.77 and its two-hundred day simple moving average is $85.61. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 1-year low of $65.88 and a 1-year high of $89.91.

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