Firestone Capital Management Boosts Stock Position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

Firestone Capital Management grew its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 23.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,358 shares of the company’s stock after purchasing an additional 1,029 shares during the quarter. Firestone Capital Management’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $437,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Rockefeller Capital Management L.P. grew its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 193.5% during the second quarter. Rockefeller Capital Management L.P. now owns 133,092 shares of the company’s stock valued at $10,852,000 after buying an additional 87,743 shares during the period. Creative Planning increased its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 0.9% in the 2nd quarter. Creative Planning now owns 102,097 shares of the company’s stock worth $8,325,000 after acquiring an additional 914 shares during the last quarter. Nwam LLC raised its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 130.4% in the 2nd quarter. Nwam LLC now owns 12,483 shares of the company’s stock valued at $1,038,000 after acquiring an additional 7,064 shares during the period. Great Lakes Retirement Inc. boosted its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 28.7% during the second quarter. Great Lakes Retirement Inc. now owns 405,426 shares of the company’s stock worth $33,058,000 after purchasing an additional 90,305 shares during the period. Finally, FRG Family Wealth Advisors LLC purchased a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the second quarter worth about $356,000.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Trading Up 7.3%

Shares of GSEW stock opened at $83.47 on Friday. The firm’s 50 day moving average is $84.72 and its 200 day moving average is $82.36. The stock has a market capitalization of $1.31 billion, a P/E ratio of 21.82 and a beta of 1.01. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 12 month low of $65.88 and a 12 month high of $83.97.

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.