Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW Shares Bought by Cornerstone Advisors Asset Management LLC

Cornerstone Advisors Asset Management LLC raised its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 6.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 190,285 shares of the company’s stock after buying an additional 11,798 shares during the period. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF comprises about 2.5% of Cornerstone Advisors Asset Management LLC’s holdings, making the stock its 12th largest position. Cornerstone Advisors Asset Management LLC’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $16,110,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Sequoia Financial Advisors LLC boosted its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 8.1% during the 1st quarter. Sequoia Financial Advisors LLC now owns 2,778 shares of the company’s stock worth $235,000 after acquiring an additional 207 shares in the last quarter. Cetera Investment Advisers raised its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 1.7% during the 4th quarter. Cetera Investment Advisers now owns 12,923 shares of the company’s stock worth $1,100,000 after acquiring an additional 212 shares in the last quarter. WBH Advisory Inc. lifted its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 6.4% during the first quarter. WBH Advisory Inc. now owns 3,703 shares of the company’s stock worth $315,000 after purchasing an additional 223 shares during the last quarter. Captrust Financial Advisors lifted its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 8.3% during the fourth quarter. Captrust Financial Advisors now owns 3,050 shares of the company’s stock worth $260,000 after purchasing an additional 233 shares during the last quarter. Finally, Whittier Trust Co. acquired a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the fourth quarter valued at approximately $26,000.

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

Shares of GSEW opened at $94.34 on Monday. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 21.82 and a beta of 1.01. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 52-week low of $80.92 and a 52-week high of $95.79. The stock has a 50 day moving average price of $93.14 and a 200 day moving average price of $89.64.

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.