Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 3.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 177,454 shares of the company’s stock after buying an additional 6,298 shares during the period. Envestnet Asset Management Inc. owned approximately 1.17% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF worth $13,494,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. Integrated Wealth Concepts LLC increased its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 5.6% in the fourth quarter. Integrated Wealth Concepts LLC now owns 1,046,139 shares of the company’s stock valued at $80,783,000 after purchasing an additional 55,056 shares during the period. Bank of America Corp DE increased its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 19.2% in the fourth quarter. Bank of America Corp DE now owns 551,035 shares of the company’s stock valued at $42,551,000 after purchasing an additional 88,917 shares during the period. Aptus Capital Advisors LLC increased its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 67.1% in the fourth quarter. Aptus Capital Advisors LLC now owns 456,306 shares of the company’s stock valued at $35,236,000 after purchasing an additional 183,287 shares during the period. Great Lakes Retirement Inc. increased its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 1.5% in the first quarter. Great Lakes Retirement Inc. now owns 315,121 shares of the company’s stock valued at $23,962,000 after purchasing an additional 4,730 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the fourth quarter valued at about $22,141,000.

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

Shares of GSEW stock opened at $82.71 on Friday. The stock’s 50-day simple moving average is $80.40 and its 200-day simple moving average is $78.00. The firm has a market capitalization of $1.29 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 fifty-two week low of $65.88 and a fifty-two week high of $83.33.

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.