HighTower Advisors LLC Sells 450 Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

HighTower Advisors LLC trimmed its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 1.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 34,651 shares of the company’s stock after selling 450 shares during the quarter. HighTower Advisors LLC’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $2,678,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in GSEW. CKW Financial Group grew its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 0.5% during the 3rd quarter. CKW Financial Group now owns 460,075 shares of the company’s stock valued at $35,453,000 after acquiring an additional 2,293 shares during the period. Rock Point Advisors LLC purchased a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the third quarter valued at $209,000. Cerity Partners LLC grew its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 15.0% during the third quarter. Cerity Partners LLC now owns 93,941 shares of the company’s stock valued at $7,278,000 after purchasing an additional 12,248 shares during the period. Nwam LLC purchased a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the third quarter worth about $673,000. Finally, MAI Capital Management raised its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 79.1% in the third quarter. MAI Capital Management now owns 6,586 shares of the company’s stock worth $510,000 after buying an additional 2,909 shares during the period.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Trading Down 0.4 %

GSEW stock opened at $80.52 on Friday. The company’s fifty day moving average is $79.83 and its 200-day moving average is $75.57. The stock has a market cap of $781.04 million, a PE ratio of 21.36 and a beta of 0.93.

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.