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

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $96.33 and last traded at $96.30, with a volume of 11606 shares changing hands. The stock had previously closed at $95.85.

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

The company has a market capitalization of $1.52 billion, a PE ratio of 21.82 and a beta of 1.01. The company has a 50 day moving average price of $94.01 and a 200 day moving average price of $90.25.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in GSEW. Sequoia Financial Advisors LLC grew its position 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 in the last quarter. Cetera Investment Advisers boosted its holdings 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 buying an additional 212 shares in the last quarter. WBH Advisory Inc. grew its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 6.4% in 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 grew its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 8.3% in the 4th quarter. Captrust Financial Advisors now owns 3,050 shares of the company’s stock worth $260,000 after acquiring an additional 233 shares during the last quarter. Finally, Whittier Trust Co. acquired a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the fourth quarter worth $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.