Raymond James Financial Inc. Buys New Position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

Raymond James Financial Inc. purchased a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 286,723 shares of the company’s stock, valued at approximately $22,141,000. Raymond James Financial Inc. owned approximately 2.96% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Black Swift Group LLC purchased a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the fourth quarter valued at about $3,444,000. Noble Wealth Management PBC bought a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 4th quarter worth approximately $3,337,000. SPC Financial Inc. lifted its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 3.4% in the 4th quarter. SPC Financial Inc. now owns 911,297 shares of the company’s stock valued at $70,370,000 after purchasing an additional 29,721 shares during the period. Wells Fargo & Company MN grew its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 15.2% in the fourth quarter. Wells Fargo & Company MN now owns 127,116 shares of the company’s stock worth $9,816,000 after purchasing an additional 16,732 shares during the period. Finally, Beaird Harris Wealth Management LLC bought a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the third quarter worth $1,226,000.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Trading Down 7.9 %

Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF stock opened at $71.65 on Friday. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 12 month low of $65.88 and a 12 month high of $83.11. The firm has a market capitalization of $1.11 billion, a P/E ratio of 19.36 and a beta of 1.03. The business has a fifty day simple moving average of $75.90 and a two-hundred day simple moving average of $78.16.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Profile

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.