Family Asset Management LLC Takes Position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

Family Asset Management LLC bought a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 3,453 shares of the company’s stock, valued at approximately $232,000.

Other hedge funds also recently added to or reduced their stakes in the company. Princeton Global Asset Management LLC grew its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 1.5% in the third quarter. Princeton Global Asset Management LLC now owns 12,007 shares of the company’s stock worth $717,000 after acquiring an additional 179 shares in the last quarter. Country Club Bank GFN boosted its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 2.4% in the fourth quarter. Country Club Bank GFN now owns 8,590 shares of the company’s stock valued at $578,000 after purchasing an additional 200 shares during the period. Asio Capital LLC grew its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 2.4% during the 3rd quarter. Asio Capital LLC now owns 10,354 shares of the company’s stock worth $618,000 after purchasing an additional 239 shares in the last quarter. Provence Wealth Management Group acquired a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 3rd quarter worth $30,000. Finally, First Hawaiian Bank raised its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 1.3% in the 4th quarter. First Hawaiian Bank now owns 42,177 shares of the company’s stock valued at $2,828,000 after purchasing an additional 529 shares in the last quarter.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Up 0.2 %

Shares of GSEW traded up $0.14 during midday trading on Wednesday, hitting $70.96. The company had a trading volume of 130,091 shares. The firm has a market capitalization of $688.31 million, a price-to-earnings ratio of 21.36 and a beta of 0.93. The company has a 50-day moving average price of $70.78 and a 200-day moving average price of $66.90.

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.