Cornerstone Advisors Asset Management LLC Grows Stock Position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

Cornerstone Advisors Asset Management LLC increased its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 6.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 190,285 shares of the company’s stock after purchasing an additional 11,798 shares during the quarter. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF accounts for 2.5% of Cornerstone Advisors Asset Management LLC’s holdings, making the stock its 12th largest holding. Cornerstone Advisors Asset Management LLC owned about 1.22% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF worth $16,110,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of GSEW. Whittier Trust Co. purchased a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 4th quarter valued at about $26,000. Parallel Advisors LLC purchased a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the fourth quarter worth approximately $26,000. Ancora Advisors LLC purchased a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the third quarter worth approximately $32,000. Allworth Financial LP acquired a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the fourth quarter valued at approximately $37,000. Finally, Bogart Wealth LLC acquired a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the fourth quarter valued at approximately $74,000.

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

Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF stock opened at $94.34 on Monday. 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. The company has a 50 day moving average of $93.14 and a 200 day moving average of $89.64. The company has a market capitalization of $1.48 billion, a P/E ratio of 21.82 and a beta of 1.01.

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.