Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Shares Shorted: Short Interest Down 72.7% in October

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) was the recipient of a significant drop in short interest in October. As of October 15th, there was short interest totaling 23,294 shares, a drop of 72.7% from the September 30th total of 85,295 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 181,024 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

Hedge funds have recently added to or reduced their stakes in the business. Atomic Invest LLC bought a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the second quarter valued at about $31,000. Operose Advisors LLC bought a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 2nd quarter valued at about $34,000. TrueWealth Advisors LLC bought a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 2nd quarter valued at about $208,000. Range Advisory LLC bought a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 2nd quarter valued at about $222,000. Finally, Sequoia Financial Advisors LLC boosted its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 8.1% during the 1st quarter. Sequoia Financial Advisors LLC now owns 2,778 shares of the company’s stock valued at $235,000 after acquiring an additional 207 shares during the period.

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

Shares of GSEW opened at $96.53 on Wednesday. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a fifty-two week low of $80.92 and a fifty-two week high of $99.42. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 21.82 and a beta of 1.01. The firm has a 50 day moving average price of $95.86 and a 200-day moving average price of $91.99.

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.