Raymond James & Associates Has $769,000 Stock Position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

Raymond James & Associates reduced its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 1.6% in the 4th quarter, HoldingsChannel reports. The firm owned 11,474 shares of the company’s stock after selling 189 shares during the period. Raymond James & Associates’ holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $769,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GSEW. Asio Capital LLC increased its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 11.2% during the fourth quarter. Asio Capital LLC now owns 11,515 shares of the company’s stock worth $777,000 after buying an additional 1,161 shares in the last quarter. Boston Financial Mangement LLC bought a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 3rd quarter worth approximately $314,000. AFG Fiduciary Services Limited Partnership acquired a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 4th quarter valued at $222,000. Cedar Brook Financial Partners LLC acquired a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 4th quarter valued at $216,000. Finally, Knightsbridge Asset Management LLC raised its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 62.2% in the 3rd quarter. Knightsbridge Asset Management LLC now owns 16,598 shares of the company’s stock valued at $991,000 after purchasing an additional 6,364 shares during the last quarter.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Up 1.1 %

Shares of GSEW stock opened at $70.00 on Wednesday. The company has a market capitalization of $644 million, a PE ratio of 20.68 and a beta of 0.94. The business’s 50 day simple moving average is $70.56 and its two-hundred day simple moving average is $66.16.

About Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

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.