Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Stock Short Interest Drops 72.7%

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 23,294 shares, a decline of 72.7% from the September 30th total of 85,295 shares. Based on an average daily volume of 181,024 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

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

Several large investors have recently made changes to their positions in GSEW. Vise Technologies Inc. bought a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the third quarter worth $715,000. Oppenheimer & Co. Inc. acquired a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 3rd quarter worth approximately $453,000. Flagship Harbor Advisors LLC raised its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 13.9% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 33,655 shares of the company’s stock valued at $3,133,000 after acquiring an additional 4,100 shares during the period. Apollon Wealth Management LLC bought a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the third quarter worth $794,000. Finally, Private Wealth Partners LLC acquired a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the third quarter valued at $655,000.

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

GSEW opened at $97.15 on Thursday. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a fifty-two week low of $80.92 and a fifty-two week high of $99.42. The company has a market cap of $1.52 billion, a price-to-earnings ratio of 21.82 and a beta of 1.01. The firm has a 50 day simple moving average of $95.84 and a 200 day simple moving average of $92.03.

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.