Western Wealth Management LLC Makes New $381,000 Investment in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

Western Wealth Management LLC purchased a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) in the second quarter, Holdings Channel reports. The firm purchased 4,677 shares of the company’s stock, valued at approximately $381,000.

Several other hedge funds and other institutional investors have also bought and sold shares of GSEW. SPC Financial Inc. raised its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 1.6% during the 1st quarter. SPC Financial Inc. now owns 925,556 shares of the company’s stock worth $70,379,000 after purchasing an additional 14,259 shares during the period. Aptus Capital Advisors LLC grew its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 7.0% during the first quarter. Aptus Capital Advisors LLC now owns 488,166 shares of the company’s stock valued at $37,120,000 after buying an additional 31,860 shares during the period. CKW Financial Group grew its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 0.4% during the second quarter. CKW Financial Group now owns 478,789 shares of the company’s stock valued at $39,423,000 after buying an additional 2,031 shares during the period. Great Lakes Retirement Inc. increased its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 28.7% during the second quarter. Great Lakes Retirement Inc. now owns 405,426 shares of the company’s stock worth $33,058,000 after buying an additional 90,305 shares during the last quarter. Finally, Raymond James Financial Inc. raised its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 2.8% in the first quarter. Raymond James Financial Inc. now owns 294,837 shares of the company’s stock worth $22,419,000 after acquiring an additional 8,114 shares during the period.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Up 5.9%

Shares of GSEW stock opened at $82.34 on Wednesday. The firm has a market cap of $1.29 billion, a P/E ratio of 21.82 and a beta of 1.01. The company has a 50 day moving average of $84.64 and a 200-day moving average of $82.51. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 12-month low of $65.88 and a 12-month high of $83.97.

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