Savvy Advisors Inc. Takes $2.77 Million Position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

Savvy Advisors Inc. purchased a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 32,569 shares of the company’s stock, valued at approximately $2,772,000. Savvy Advisors Inc. owned 0.21% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of GSEW. Members Trust Co acquired a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the third quarter valued at $90,711,000. Envestnet Portfolio Solutions Inc. acquired a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 3rd quarter worth $9,254,000. Integrated Wealth Concepts LLC grew its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 7.5% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 1,357,176 shares of the company’s stock worth $115,414,000 after purchasing an additional 94,490 shares in the last quarter. Bank of America Corp DE increased its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 11.2% during the 3rd quarter. Bank of America Corp DE now owns 659,405 shares of the company’s stock worth $56,076,000 after purchasing an additional 66,674 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 19.7% during the 2nd quarter. Raymond James Financial Inc. now owns 353,011 shares of the company’s stock worth $28,785,000 after purchasing an additional 58,174 shares during the period.

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

Shares of GSEW opened at $85.32 on Monday. The stock has a 50-day simple moving average of $87.19 and a 200-day simple moving average of $85.99. The stock has a market capitalization of $1.34 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 1 year low of $65.88 and a 1 year high of $90.11.

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.