Janney Montgomery Scott LLC Has $3.34 Million Position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

Janney Montgomery Scott LLC lessened its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 53.7% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 39,493 shares of the company’s stock after selling 45,865 shares during the quarter. Janney Montgomery Scott LLC owned about 0.25% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF worth $3,343,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Members Trust Co acquired a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the third quarter valued at approximately $90,711,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 250.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 299,699 shares of the company’s stock worth $26,133,000 after purchasing an additional 214,110 shares during the last quarter. Morgan Stanley boosted its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 28.1% in the 4th quarter. Morgan Stanley now owns 927,246 shares of the company’s stock valued at $78,927,000 after purchasing an additional 203,219 shares during the period. LPL Financial LLC boosted its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 48.0% in the 4th quarter. LPL Financial LLC now owns 444,845 shares of the company’s stock valued at $37,865,000 after purchasing an additional 144,265 shares during the period. Finally, Integrated Wealth Concepts LLC grew its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 7.5% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 1,357,176 shares of the company’s stock valued at $115,414,000 after buying an additional 94,490 shares in the last quarter.

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

GSEW stock opened at $95.20 on Wednesday. The stock has a market capitalization of $1.49 billion, a price-to-earnings ratio of 21.82 and a beta of 1.01. The business’s fifty day moving average price is $92.43 and its two-hundred day moving average price is $89.15. 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 $95.80.

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.