Parsons Capital Management Inc. RI Grows Holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

Parsons Capital Management Inc. RI raised its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 24.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 37,259 shares of the company’s stock after buying an additional 7,286 shares during the period. Parsons Capital Management Inc. RI’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $3,171,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in GSEW. Ancora Advisors LLC bought a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 3rd quarter worth $32,000. Jackson Grant Investment Advisers Inc. bought a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the third quarter valued at $195,000. Mendel Money Management bought a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the third quarter valued at $303,000. Richmond Investment Services LLC purchased a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the second quarter valued at about $342,000. Finally, MAI Capital Management lifted its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 15.0% during the second quarter. MAI Capital Management now owns 4,250 shares of the company’s stock worth $347,000 after purchasing an additional 554 shares during the last quarter.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Down 1.1%

Shares of GSEW stock opened at $84.24 on Friday. The business has a 50-day moving average price of $87.64 and a two-hundred day moving average price of $85.98. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 12-month low of $65.88 and a 12-month high of $90.11. The firm has a market cap of $1.32 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.