Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Hits New 12-Month High – What’s Next?

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as $90.29 and last traded at $90.07, with a volume of 4404 shares traded. The stock had previously closed at $88.94.

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

The business’s 50-day simple moving average is $87.21 and its 200 day simple moving average is $86.19. The firm has a market cap of $1.41 billion, a P/E ratio of 21.82 and a beta of 1.01.

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

Several institutional investors have recently bought and sold shares of GSEW. Whittier Trust Co. acquired a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the fourth quarter valued at approximately $26,000. Parallel Advisors LLC acquired a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the fourth quarter valued at approximately $26,000. Ancora Advisors LLC acquired a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the third quarter valued at approximately $32,000. Allworth Financial LP acquired a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the fourth quarter valued at approximately $37,000. Finally, Bogart Wealth LLC acquired a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the fourth quarter valued at approximately $74,000.

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.