Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Hits New 52-Week High – Still a Buy?

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEWGet Free Report) hit a new 52-week high on Wednesday . The company traded as high as $95.06 and last traded at $94.84, with a volume of 6822 shares traded. The stock had previously closed at $94.42.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Up 0.7%

The stock has a market cap of $1.49 billion, a P/E ratio of 21.82 and a beta of 1.01. The firm has a 50 day simple moving average of $91.93 and a 200-day simple moving average of $88.82.

Institutional Investors Weigh In On Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

Several hedge funds have recently added to or reduced their stakes in the business. Whittier Trust Co. acquired a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the fourth quarter valued at $26,000. Parallel Advisors LLC acquired a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 4th quarter worth about $26,000. Ancora Advisors LLC bought a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 3rd quarter worth about $32,000. Allworth Financial LP bought a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 4th quarter worth about $37,000. Finally, Bogart Wealth LLC acquired a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 4th quarter valued at about $74,000.

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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