JPMorgan Chase & Co. Lowers Holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

JPMorgan Chase & Co. lowered its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 58.7% during the 4th quarter, Holdings Channel reports. The firm owned 7,730 shares of the company’s stock after selling 10,974 shares during the quarter. JPMorgan Chase & Co.’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $597,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of GSEW. Iron Horse Wealth Management LLC lifted its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 33.3% in the 4th quarter. Iron Horse Wealth Management LLC now owns 800 shares of the company’s stock worth $62,000 after buying an additional 200 shares during the period. Sierra Ocean LLC purchased a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the fourth quarter worth about $80,000. Transcend Capital Advisors LLC bought a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 4th quarter worth about $233,000. Sterneck Capital Management LLC increased its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 5.5% during the 4th quarter. Sterneck Capital Management LLC now owns 4,376 shares of the company’s stock valued at $338,000 after purchasing an additional 227 shares during the period. Finally, O Dell Group LLC bought a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 4th quarter valued at about $399,000.

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

Shares of GSEW opened at $74.20 on Thursday. The company has a 50 day moving average price of $74.76 and a 200-day moving average price of $77.96. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a fifty-two week low of $65.88 and a fifty-two week high of $83.11. The stock has a market capitalization of $1.12 billion, a PE ratio of 20.84 and a beta of 1.03.

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.