Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW Shares Sold by UBS Group AG

UBS Group AG lessened its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 9.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 122,359 shares of the company’s stock after selling 12,498 shares during the quarter. UBS Group AG owned about 0.78% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF worth $10,415,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. PFG Investments LLC acquired a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the fourth quarter valued at approximately $1,046,000. Fifth Third Securities Inc. acquired a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the fourth quarter worth approximately $2,908,000. Merit Financial Group LLC acquired a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the fourth quarter worth approximately $3,079,000. Vawter Financial Ltd. acquired a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the third quarter worth approximately $495,000. Finally, Savvy Advisors Inc. acquired a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the fourth quarter worth approximately $2,772,000.

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

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF stock opened at $89.83 on Friday. The firm has a market cap of $1.41 billion, a price-to-earnings 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 $77.11 and a 1 year high of $91.71. The firm’s 50 day moving average price is $87.69 and its two-hundred day moving average price is $86.86.

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.