Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Shares Purchased by Spire Wealth Management

Spire Wealth Management increased its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 510.1% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 10,525 shares of the company’s stock after acquiring an additional 8,800 shares during the period. Spire Wealth Management’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $749,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. SPC Financial Inc. lifted its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 5.9% during the 1st quarter. SPC Financial Inc. now owns 852,867 shares of the company’s stock worth $62,097,000 after acquiring an additional 47,562 shares in the last quarter. ORG Partners LLC acquired a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 2nd quarter valued at approximately $10,911,000. Sierra Capital LLC raised its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 124.6% in the 1st quarter. Sierra Capital LLC now owns 109,615 shares of the company’s stock valued at $7,981,000 after purchasing an additional 60,808 shares in the last quarter. Guardian Wealth Advisors LLC NC acquired a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 4th quarter valued at approximately $5,931,000. Finally, First Hawaiian Bank raised its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 9.4% in the 2nd quarter. First Hawaiian Bank now owns 47,236 shares of the company’s stock valued at $3,361,000 after purchasing an additional 4,077 shares in the last quarter.

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

Shares of GSEW opened at $76.06 on Monday. The firm has a 50-day simple moving average of $72.80 and a 200 day simple moving average of $71.53. The firm has a market cap of $737.78 million, a price-to-earnings ratio of 21.36 and a beta of 0.93.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were given a $0.2916 dividend. The ex-dividend date of this dividend was Monday, June 24th.

About Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

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.