Sierra Capital LLC Trims Holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

Sierra Capital LLC reduced its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 30.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 79,040 shares of the company’s stock after selling 33,808 shares during the quarter. Sierra Capital LLC owned approximately 0.81% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF worth $6,103,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Iron Horse Wealth Management LLC lifted its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 33.3% in the 4th quarter. Iron Horse Wealth Management LLC now owns 800 shares of the company’s stock worth $62,000 after buying an additional 200 shares during the period. Sierra Ocean LLC purchased a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the fourth quarter worth about $80,000. Goodman Advisory Group LLC bought a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 3rd quarter worth about $99,000. Family Asset Management LLC bought a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 3rd quarter valued at about $200,000. Finally, Rock Point Advisors LLC purchased a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 3rd quarter worth approximately $209,000.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Up 2.1 %

Shares of BATS:GSEW opened at $79.36 on Tuesday. The business has a 50 day simple moving average of $79.21 and a 200 day simple moving average of $78.31. The company has a market capitalization of $769.80 million, a P/E ratio of 21.36 and a beta of 0.93.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 23rd were paid a dividend of $0.398 per share. This is a boost from Goldman Sachs Equal Weight U.S. Large Cap Equity ETF’s previous dividend of $0.29. The ex-dividend date was Monday, December 23rd.

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.