Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Sets New 1-Year High – Here’s What Happened

Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) hit a new 52-week high on Tuesday . The company traded as high as $95.92 and last traded at $95.92, with a volume of 19741 shares changing hands. The stock had previously closed at $95.03.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Trading Up 0.6%

The stock has a market capitalization of $1.50 billion, a price-to-earnings ratio of 21.82 and a beta of 1.01. The company has a fifty day moving average of $93.60 and a two-hundred day moving average of $89.98.

Institutional Trading of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Sequoia Financial Advisors LLC grew its stake in 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 buying an additional 207 shares during the last quarter. Cetera Investment Advisers lifted its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 1.7% during the 4th quarter. Cetera Investment Advisers now owns 12,923 shares of the company’s stock worth $1,100,000 after acquiring an additional 212 shares during the last quarter. WBH Advisory Inc. lifted its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 6.4% during the 1st quarter. WBH Advisory Inc. now owns 3,703 shares of the company’s stock worth $315,000 after acquiring an additional 223 shares during the last quarter. Captrust Financial Advisors boosted its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 8.3% during the fourth quarter. Captrust Financial Advisors now owns 3,050 shares of the company’s stock valued at $260,000 after acquiring 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 during the fourth quarter valued at about $26,000.

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.