Firestone Capital Management Has $2 Million Stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

Firestone Capital Management raised its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 33.5% in the second quarter, HoldingsChannel.com reports. The firm owned 21,203 shares of the company’s stock after purchasing an additional 5,325 shares during the quarter. Firestone Capital Management’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $2,002,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Royal Bank of Canada increased its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 17.3% during the first quarter. Royal Bank of Canada now owns 119,845 shares of the company’s stock worth $9,113,000 after purchasing an additional 17,644 shares during the period. NewEdge Advisors LLC boosted its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 7.6% in the first quarter. NewEdge Advisors LLC now owns 15,010 shares of the company’s stock valued at $1,141,000 after buying an additional 1,065 shares during the period. Jane Street Group LLC bought a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the first quarter valued at approximately $2,080,000. JPMorgan Chase & Co. boosted its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 93.1% in the second quarter. JPMorgan Chase & Co. now owns 14,911 shares of the company’s stock valued at $1,216,000 after buying an additional 7,189 shares during the period. Finally, Raymond James Financial Inc. grew its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 19.7% during the second quarter. Raymond James Financial Inc. now owns 353,011 shares of the company’s stock worth $28,785,000 after buying an additional 58,174 shares in the last quarter.

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

Shares of BATS:GSEW opened at $96.29 on Wednesday. The business’s 50 day simple moving average is $96.05 and its 200 day simple moving average is $91.71. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 1 year low of $80.92 and a 1 year high of $99.42. The company has a market capitalization of $1.51 billion, a P/E ratio of 21.82 and a beta of 1.01.

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.