NewEdge Advisors LLC Has $68,000 Stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

NewEdge Advisors LLC reduced its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 91.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 802 shares of the company’s stock after selling 9,108 shares during the period. NewEdge Advisors LLC’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $68,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GSEW. Morgan Stanley grew its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 28.1% in the 4th quarter. Morgan Stanley now owns 927,246 shares of the company’s stock valued at $78,927,000 after buying an additional 203,219 shares during the last quarter. Bank of America Corp DE raised its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 11.2% during the third quarter. Bank of America Corp DE now owns 659,405 shares of the company’s stock worth $56,076,000 after acquiring an additional 66,674 shares during the last quarter. Aptus Capital Advisors LLC raised its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 4.5% during the fourth quarter. Aptus Capital Advisors LLC now owns 588,483 shares of the company’s stock worth $50,092,000 after acquiring an additional 25,200 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 48.0% in the fourth quarter. LPL Financial LLC now owns 444,845 shares of the company’s stock worth $37,865,000 after acquiring an additional 144,265 shares during the period. Finally, Great Lakes Retirement Inc. lifted its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 3.6% in the fourth quarter. Great Lakes Retirement Inc. now owns 425,038 shares of the company’s stock worth $36,179,000 after acquiring an additional 14,640 shares during the period.

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

Shares of GSEW stock opened at $98.30 on Thursday. The business’s 50 day simple moving average is $95.71 and its 200 day simple moving average is $91.47. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a one year low of $80.92 and a one year high of $99.42. The stock has a market capitalization of $1.54 billion, a PE 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.