HighTower Advisors LLC Reduces Position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

HighTower Advisors LLC decreased its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 0.6% in the first quarter, Holdings Channel.com reports. The institutional investor owned 34,142 shares of the company’s stock after selling 200 shares during the quarter. HighTower Advisors LLC’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $2,596,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of GSEW. Arlington Trust Co LLC purchased a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the first quarter worth $106,000. Richards Merrill & Peterson Inc. grew its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 101.2% during the first quarter. Richards Merrill & Peterson Inc. now owns 2,080 shares of the company’s stock worth $158,000 after buying an additional 1,046 shares in the last quarter. Summit X LLC purchased a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the first quarter worth $205,000. LexAurum Advisors LLC purchased a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the first quarter worth $222,000. Finally, Focus Partners Wealth purchased a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the fourth quarter worth $246,000.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Up 8.5%

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF stock opened at $84.3740 on Friday. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 52-week low of $65.8801 and a 52-week high of $83.97. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 21.82 and a beta of 1.01. The company has a fifty day simple moving average of $82.28 and a 200-day simple moving average of $78.70.

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.