Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Reaches New 52-Week High – Here’s What Happened

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEWGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $95.92 and last traded at $95.92, with a volume of 19741 shares. The stock had previously closed at $95.03.

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

The stock has a market cap of $1.48 billion, a PE ratio of 21.82 and a beta of 1.01. The company’s 50-day moving average price is $93.80 and its 200 day moving average price is $90.09.

Hedge Funds Weigh In On Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

A number of hedge funds have recently modified their holdings of GSEW. Breakwater Capital Group purchased a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the second quarter worth about $318,000. TrueWealth Advisors LLC purchased a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 2nd quarter worth approximately $208,000. Central Pacific Bank Trust Division increased its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 8.4% in the 2nd quarter. Central Pacific Bank Trust Division now owns 6,876 shares of the company’s stock valued at $649,000 after purchasing an additional 534 shares during the last quarter. CoreCap Advisors LLC increased its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 5.3% in the 2nd quarter. CoreCap Advisors LLC now owns 155,012 shares of the company’s stock valued at $14,636,000 after purchasing an additional 7,816 shares during the last quarter. Finally, Noble Wealth Management PBC raised its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 5.3% in the second quarter. Noble Wealth Management PBC now owns 22,587 shares of the company’s stock valued at $2,133,000 after purchasing an additional 1,144 shares during the period.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Company Profile

(Get Free Report)

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.

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