Members Trust Co Purchases New Position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

Members Trust Co purchased a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 1,066,685 shares of the company’s stock, valued at approximately $90,711,000. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF comprises 3.0% of Members Trust Co’s portfolio, making the stock its 14th largest holding. Members Trust Co owned approximately 0.07% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of GSEW. Richards Merrill & Peterson Inc. boosted its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 4.2% during the third quarter. Richards Merrill & Peterson Inc. now owns 4,609 shares of the company’s stock worth $392,000 after acquiring an additional 187 shares during the period. Kathmere Capital Management LLC increased its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 0.4% during the third quarter. Kathmere Capital Management LLC now owns 47,484 shares of the company’s stock worth $4,038,000 after purchasing an additional 194 shares during the period. Princeton Global Asset Management LLC lifted its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 2.1% during the 3rd quarter. Princeton Global Asset Management LLC now owns 14,874 shares of the company’s stock worth $1,265,000 after purchasing an additional 300 shares during the last quarter. Panoramic Investment Advisors LLC lifted its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 3.5% during the 3rd quarter. Panoramic Investment Advisors LLC now owns 10,641 shares of the company’s stock worth $905,000 after purchasing an additional 356 shares during the last quarter. Finally, Ancora Advisors LLC bought a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 3rd quarter valued at $32,000.

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

Shares of BATS GSEW opened at $85.99 on Tuesday. The stock’s fifty day moving average price is $88.08 and its two-hundred day moving average price is $85.94. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a one year low of $65.88 and a one year high of $90.11. The firm has a market cap of $1.35 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 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.