Richmond Investment Services LLC Purchases New Position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

Richmond Investment Services LLC acquired a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,196 shares of the company’s stock, valued at approximately $342,000.

Other hedge funds also recently made changes to their positions in the company. Barnett & Company Inc. boosted its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 21.4% in the 1st quarter. Barnett & Company Inc. now owns 6,443 shares of the company’s stock valued at $490,000 after purchasing an additional 1,134 shares during the period. Cetera Investment Advisers increased its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 10.9% during the first quarter. Cetera Investment Advisers now owns 4,595 shares of the company’s stock worth $349,000 after buying an additional 450 shares during the period. Janney Montgomery Scott LLC lifted its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 29.6% in the second quarter. Janney Montgomery Scott LLC now owns 63,621 shares of the company’s stock valued at $5,188,000 after buying an additional 14,535 shares during the last quarter. First Interstate Bank acquired a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the second quarter valued at approximately $5,418,000. Finally, Consolidated Portfolio Review Corp boosted its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 0.6% in the second quarter. Consolidated Portfolio Review Corp now owns 105,928 shares of the company’s stock valued at $8,637,000 after acquiring an additional 669 shares during the period.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Trading Up 8.8%

Shares of GSEW opened at $84.62 on Thursday. The company’s 50 day simple moving average is $84.43 and its 200-day simple moving average is $82.75. The firm has a market cap of $1.32 billion, a PE ratio of 21.82 and a beta of 1.01. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 12-month low of $65.88 and a 12-month high of $83.97.

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.