Short Interest in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Rises By 112.0%

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 98,286 shares, an increase of 112.0% from the July 30th total of 46,362 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average trading volume of 110,007 shares, the days-to-cover ratio is presently 0.9 days.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Trading Down 0.6%

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF stock opened at $97.75 on Friday. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 12-month low of $80.92 and a 12-month high of $99.42. The stock has a market cap of $1.53 billion, a P/E ratio of 21.82 and a beta of 1.01. The company has a 50-day moving average price of $95.91 and a 200 day moving average price of $91.58.

Institutional Trading of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Royal Bank of Canada raised its position in shares of 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 buying an additional 17,644 shares during the period. NewEdge Advisors LLC grew its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 7.6% in the first quarter. NewEdge Advisors LLC now owns 15,010 shares of the company’s stock worth $1,141,000 after acquiring 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 in the first quarter worth approximately $2,080,000. JPMorgan Chase & Co. increased its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 93.1% during the second quarter. JPMorgan Chase & Co. now owns 14,911 shares of the company’s stock worth $1,216,000 after acquiring an additional 7,189 shares during the last quarter. Finally, Raymond James Financial Inc. increased its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 19.7% during the second quarter. Raymond James Financial Inc. now owns 353,011 shares of the company’s stock worth $28,785,000 after acquiring an additional 58,174 shares during the last quarter.

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.