MAI Capital Management Increases Position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

MAI Capital Management lifted its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 79.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,586 shares of the company’s stock after buying an additional 2,909 shares during the quarter. MAI Capital Management owned approximately 0.07% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF worth $510,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. M&R Capital Management Inc. lifted its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 26.4% in the 3rd quarter. M&R Capital Management Inc. now owns 1,054 shares of the company’s stock valued at $82,000 after purchasing an additional 220 shares in the last quarter. SPC Financial Inc. boosted its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 2.5% during the 2nd quarter. SPC Financial Inc. now owns 873,940 shares of the company’s stock valued at $62,185,000 after acquiring an additional 21,073 shares during the last quarter. Raymond James & Associates increased its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 208.7% during the 3rd quarter. Raymond James & Associates now owns 40,489 shares of the company’s stock worth $3,137,000 after buying an additional 27,372 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 2.6% during the second quarter. Envestnet Asset Management Inc. now owns 158,842 shares of the company’s stock worth $11,302,000 after acquiring an additional 4,029 shares during the last quarter. Finally, Iron Horse Wealth Management LLC grew its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 200.0% during the 3rd quarter. Iron Horse Wealth Management LLC now owns 600 shares of the company’s stock worth $46,000 after purchasing an additional 400 shares during the period.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Up 0.9 %

Shares of BATS:GSEW opened at $82.13 on Friday. The firm has a market cap of $796.66 million, a P/E ratio of 21.36 and a beta of 0.93. The business’s 50-day simple moving average is $78.16 and its 200-day simple moving average is $74.43.

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.