Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW – Get Free Report)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $89.79 and last traded at $89.53, with a volume of 800 shares traded. The stock had previously closed at $89.28.
Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Performance
The business has a 50 day moving average price of $87.77 and a 200-day moving average price of $85.61. The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of 21.82 and a beta of 1.01.
Institutional Investors Weigh In On Goldman Sachs Equal Weight U.S. Large Cap Equity ETF
Institutional investors and hedge funds have recently modified their holdings of the business. Members Trust Co acquired a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the third quarter valued at approximately $90,711,000. Northwestern Mutual Wealth Management Co. raised its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 250.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 299,699 shares of the company’s stock worth $26,133,000 after purchasing an additional 214,110 shares during the period. Morgan Stanley raised its holdings 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 buying an additional 203,219 shares during the period. LPL Financial LLC increased its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 48.0% in the fourth quarter. LPL Financial LLC now owns 444,845 shares of the company’s stock worth $37,865,000 after buying an additional 144,265 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 3rd quarter valued at about $9,254,000.
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.
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