Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Short Interest Update

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 53,531 shares, a drop of 45.5% from the August 15th total of 98,286 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 74,924 shares, the days-to-cover ratio is currently 0.7 days.

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

Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF stock opened at $94.90 on Wednesday. The business’s fifty day simple moving average is $96.39 and its 200 day simple moving average is $92.24. 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 firm has a market capitalization of $1.49 billion, a P/E ratio of 21.82 and a beta of 1.01.

Institutional Investors Weigh In On Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

A number of hedge funds have recently made changes to their positions in GSEW. Integrated Wealth Concepts LLC grew its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 1.5% during the second quarter. Integrated Wealth Concepts LLC now owns 1,217,488 shares of the company’s stock valued at $114,955,000 after buying an additional 17,928 shares during the period. IFP Advisors Inc increased its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 2.9% during the second quarter. IFP Advisors Inc now owns 225,517 shares of the company’s stock worth $21,293,000 after buying an additional 6,447 shares during the last quarter. Range Advisory LLC bought a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the second quarter worth about $222,000. Corient Private Wealth LP bought a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the second quarter worth about $767,000. Finally, Guardian Wealth Advisors LLC NC boosted its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 3.0% in the second quarter. Guardian Wealth Advisors LLC NC now owns 305,636 shares of the company’s stock valued at $28,858,000 after acquiring an additional 8,986 shares during the last quarter.

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.