Hanseatic Management Services Inc. Buys New Holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

Hanseatic Management Services Inc. purchased a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 26,470 shares of the company’s stock, valued at approximately $2,241,000. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF makes up about 2.1% of Hanseatic Management Services Inc.’s investment portfolio, making the stock its 10th largest holding.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in GSEW. Members Trust Co grew its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 3.5% during the 4th quarter. Members Trust Co now owns 1,104,114 shares of the company’s stock valued at $93,982,000 after buying an additional 37,429 shares in the last quarter. Morgan Stanley boosted its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 28.1% during the fourth quarter. Morgan Stanley now owns 927,246 shares of the company’s stock worth $78,927,000 after acquiring an additional 203,219 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 11.2% during the third quarter. Bank of America Corp DE now owns 659,405 shares of the company’s stock worth $56,076,000 after acquiring an additional 66,674 shares during the last quarter. Aptus Capital Advisors LLC grew its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 4.5% during the fourth quarter. Aptus Capital Advisors LLC now owns 588,483 shares of the company’s stock valued at $50,092,000 after acquiring an additional 25,200 shares in the last quarter. Finally, LPL Financial LLC grew its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 48.0% during the fourth quarter. LPL Financial LLC now owns 444,845 shares of the company’s stock valued at $37,865,000 after acquiring an additional 144,265 shares in the last quarter.

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

Shares of BATS GSEW opened at $94.34 on Friday. The company has a market cap of $1.48 billion, a P/E ratio of 21.82 and a beta of 1.01. The firm’s fifty day moving average is $93.14 and its two-hundred day moving average is $89.61. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 52-week low of $80.92 and a 52-week high of $95.79.

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.