Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Hits New 52-Week High – Here’s What Happened

Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) reached a new 52-week high during trading on Thursday . The stock traded as high as $92.80 and last traded at $92.80, with a volume of 9853 shares trading hands. The stock had previously closed at $92.17.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Up 0.8%

The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of 21.82 and a beta of 1.01. The firm’s 50 day moving average is $88.42 and its 200 day moving average is $87.26.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. PFG Investments LLC acquired a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 4th quarter valued at approximately $1,046,000. Merit Financial Group LLC acquired a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 4th quarter valued at approximately $3,079,000. Fifth Third Securities Inc. acquired a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 4th quarter valued at approximately $2,908,000. Vawter Financial Ltd. acquired a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 3rd quarter valued at approximately $495,000. Finally, Savvy Advisors Inc. acquired a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 4th quarter valued at approximately $2,772,000.

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.