Fort Point Capital Partners LLC Cuts Stock Holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

Fort Point Capital Partners LLC decreased its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 54.3% during the fourth quarter, HoldingsChannel reports. The firm owned 17,264 shares of the company’s stock after selling 20,550 shares during the period. Fort Point Capital Partners LLC’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $1,530,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in GSEW. Royal Bank of Canada increased its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 17.3% during the 1st quarter. Royal Bank of Canada now owns 119,845 shares of the company’s stock valued at $9,113,000 after purchasing an additional 17,644 shares during the period. NewEdge Advisors LLC increased its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 7.6% during the 1st quarter. NewEdge Advisors LLC now owns 15,010 shares of the company’s stock valued at $1,141,000 after purchasing an additional 1,065 shares during the period. Jane Street Group LLC purchased a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 1st quarter valued at about $2,080,000. JPMorgan Chase & Co. increased its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 93.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 14,911 shares of the company’s stock valued at $1,216,000 after purchasing an additional 7,189 shares during the period. Finally, Raymond James Financial Inc. increased its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 19.7% during the 2nd quarter. Raymond James Financial Inc. now owns 353,011 shares of the company’s stock valued at $28,785,000 after purchasing an additional 58,174 shares during the period.

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

BATS:GSEW opened at $94.04 on Friday. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a fifty-two week low of $79.24 and a fifty-two week high of $94.16. The stock has a market capitalization of $1.47 billion, a P/E ratio of 21.82 and a beta of 1.01. The company’s 50-day simple moving average is $90.42 and its 200-day simple moving average is $88.05.

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.