Short Interest in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Declines By 56.3%

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) saw a large decline in short interest in April. As of April 30th, there was short interest totaling 36,467 shares, a decline of 56.3% from the April 15th total of 83,536 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 80,558 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

Several institutional investors have recently bought and sold shares of the company. Integrated Wealth Concepts LLC grew its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 7.5% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 1,357,176 shares of the company’s stock valued at $115,414,000 after acquiring an additional 94,490 shares in the last quarter. Members Trust Co grew its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 3.5% in the 4th quarter. Members Trust Co now owns 1,104,114 shares of the company’s stock valued at $93,982,000 after acquiring an additional 37,429 shares in the last quarter. Morgan Stanley grew its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 28.1% in the 4th quarter. Morgan Stanley now owns 927,246 shares of the company’s stock valued at $78,927,000 after acquiring an additional 203,219 shares in the last quarter. Bank of America Corp DE grew its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 11.2% during the third quarter. Bank of America Corp DE now owns 659,405 shares of the company’s stock worth $56,076,000 after buying an additional 66,674 shares in the last quarter. Finally, Aptus Capital Advisors LLC grew its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 4.5% during the fourth quarter. Aptus Capital Advisors LLC now owns 588,483 shares of the company’s stock worth $50,092,000 after buying an additional 25,200 shares in the last quarter.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Price Performance

BATS GSEW opened at $90.88 on Friday. The company has a market cap of $1.42 billion, a P/E ratio of 21.82 and a beta of 1.01. The stock has a 50-day moving average of $87.68 and a two-hundred day moving average of $86.84. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 1-year low of $77.11 and a 1-year high of $91.71.

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.