MTC Wealth Management LLC Has $8.43 Million Holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

MTC Wealth Management LLC trimmed its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 5.9% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 99,553 shares of the company’s stock after selling 6,293 shares during the period. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF makes up 4.0% of MTC Wealth Management LLC’s investment portfolio, making the stock its 11th largest holding. MTC Wealth Management LLC’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $8,428,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of GSEW. Sequoia Financial Advisors LLC increased its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 8.1% in the 1st quarter. Sequoia Financial Advisors LLC now owns 2,778 shares of the company’s stock valued at $235,000 after acquiring an additional 207 shares in the last quarter. Cetera Investment Advisers boosted its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 1.7% during the fourth quarter. Cetera Investment Advisers now owns 12,923 shares of the company’s stock worth $1,100,000 after acquiring an additional 212 shares in the last quarter. WBH Advisory Inc. grew its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 6.4% in the first quarter. WBH Advisory Inc. now owns 3,703 shares of the company’s stock worth $315,000 after purchasing an additional 223 shares during the period. Captrust Financial Advisors grew its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 8.3% in the fourth quarter. Captrust Financial Advisors now owns 3,050 shares of the company’s stock worth $260,000 after purchasing an additional 233 shares during the period. Finally, Whittier Trust Co. bought a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the fourth quarter valued at $26,000.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Trading Down 0.2%

Shares of BATS GSEW opened at $94.76 on Wednesday. The firm has a market capitalization of $1.48 billion, a P/E ratio of 21.82 and a beta of 1.01. The firm’s 50-day moving average price is $92.92 and its 200-day moving average price is $89.46. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 1-year low of $80.92 and a 1-year high of $95.79.

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.