Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Shares Shorted: Short Interest Up 606.0% in October

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) was the target of a significant growth in short interest in October. As of October 30th, there was short interest totaling 164,466 shares, a growth of 606.0% from the October 15th total of 23,294 shares. Approximately 1.1% of the company’s stock are short sold. Based on an average daily volume of 99,391 shares, the short-interest ratio is presently 1.7 days.

Institutional Investors Weigh In On Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

A number of institutional investors have recently made changes to their positions in GSEW. Private Advisor Group LLC lifted its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 33.8% during the third quarter. Private Advisor Group LLC now owns 53,975 shares of the company’s stock worth $5,024,000 after purchasing an additional 13,633 shares during the last quarter. Vawter Financial Ltd. bought a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the third quarter valued at $414,000. HighTower Advisors LLC bought a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the third quarter valued at $2,534,000. Western Wealth Management LLC increased its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 31.2% during the third quarter. Western Wealth Management LLC now owns 18,807 shares of the company’s stock valued at $1,751,000 after purchasing an additional 4,472 shares during the last quarter. Finally, Harbour Investments Inc. raised its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 8.6% during the third quarter. Harbour Investments Inc. now owns 62,439 shares of the company’s stock worth $5,812,000 after purchasing an additional 4,960 shares during the period.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Down 0.1%

Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF stock opened at $97.36 on Wednesday. The business has a 50-day moving average price of $95.62 and a 200 day moving average price of $92.43. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a fifty-two week low of $80.92 and a fifty-two week high of $99.42. The firm has a market cap of $1.52 billion, a P/E ratio of 21.82 and a beta of 1.01.

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.