Fifth Third Securities Inc. Invests $2.91 Million in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

Fifth Third Securities Inc. acquired a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 34,169 shares of the company’s stock, valued at approximately $2,908,000. Fifth Third Securities Inc. owned 0.22% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Perigon Wealth Management LLC grew its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 88.1% during the third quarter. Perigon Wealth Management LLC now owns 82,664 shares of the company’s stock valued at $7,030,000 after buying an additional 38,726 shares during the period. Commonwealth Equity Services LLC grew its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 74.8% during the third quarter. Commonwealth Equity Services LLC now owns 87,852 shares of the company’s stock valued at $7,471,000 after buying an additional 37,590 shares during the period. Savvy Advisors Inc. acquired a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the fourth quarter valued at $2,772,000. Vawter Financial Ltd. acquired a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the third quarter valued at $495,000. Finally, Security National Bank acquired a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the third quarter valued at $500,000.

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

GSEW stock opened at $86.71 on Monday. The firm has a market cap of $1.36 billion, a PE ratio of 21.82 and a beta of 1.01. The firm’s fifty day moving average is $87.05 and its 200 day moving average is $86.04. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a one year low of $69.43 and a one year high of $90.11.

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