IFP Advisors Inc Acquires 35,461 Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

IFP Advisors Inc lifted its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 22.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 196,549 shares of the company’s stock after acquiring an additional 35,461 shares during the period. IFP Advisors Inc owned approximately 1.26% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF worth $16,715,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GSEW. Richards Merrill & Peterson Inc. lifted its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 4.2% in the third quarter. Richards Merrill & Peterson Inc. now owns 4,609 shares of the company’s stock valued at $392,000 after purchasing an additional 187 shares in the last quarter. Kathmere Capital Management LLC lifted its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 0.4% in the 3rd quarter. Kathmere Capital Management LLC now owns 47,484 shares of the company’s stock valued at $4,038,000 after acquiring an additional 194 shares in the last quarter. Princeton Global Asset Management LLC boosted its position 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 acquiring an additional 300 shares during the last quarter. Panoramic Investment Advisors LLC grew its stake in shares of 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 acquiring an additional 356 shares in the last quarter. Finally, Ancora Advisors LLC acquired a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the third quarter worth $32,000.

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

GSEW opened at $85.38 on Thursday. The firm has a market capitalization of $1.34 billion, a PE ratio of 21.82 and a beta of 1.01. The business’s 50-day simple moving average is $88.02 and its 200 day simple moving average is $85.95. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 52-week low of $65.88 and a 52-week high of $90.11.

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.