Cornerstone Advisors Asset Management LLC increased its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW – Free Report) by 2.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 195,825 shares of the company’s stock after acquiring an additional 5,540 shares during the period. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF comprises approximately 2.4% of Cornerstone Advisors Asset Management LLC’s portfolio, making the stock its 10th largest position. Cornerstone Advisors Asset Management LLC’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $18,490,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently bought and sold shares of GSEW. Parallel Advisors LLC bought a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 4th quarter worth approximately $26,000. Ancora Advisors LLC bought a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the third quarter worth about $32,000. Allworth Financial LP bought a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the fourth quarter worth about $37,000. Longview Financial Advisors Inc. purchased a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 1st quarter valued at about $89,000. Finally, TrueWealth Advisors LLC bought a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 2nd quarter valued at approximately $208,000.
Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Performance
BATS GSEW opened at $97.36 on Friday. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a fifty-two week low of $80.92 and a fifty-two week high of $99.42. The stock has a 50 day simple moving average of $96.26 and a two-hundred day simple moving average of $91.87. The stock has a market cap of $1.52 billion, a P/E ratio of 21.82 and a beta of 1.01.
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.
Further Reading
- Five stocks we like better than Goldman Sachs Equal Weight U.S. Large Cap Equity ETF
- Revolution Medicines Got Its Breakthrough—What Moves It Next?
- Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy
- FB Financial’s Southern Expansion and Buybacks Drive Analyst Optimism
- AST SpaceMobile Stock Soared 12%—This Was the Catalyst
Want to see what other hedge funds are holding GSEW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW – Free Report).
Receive News & Ratings for Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goldman Sachs Equal Weight U.S. Large Cap Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
