Integrated Wealth Concepts LLC Increases Position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

Integrated Wealth Concepts LLC increased its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 70.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 991,083 shares of the company’s stock after acquiring an additional 410,137 shares during the period. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF comprises 0.9% of Integrated Wealth Concepts LLC’s investment portfolio, making the stock its 14th biggest position. Integrated Wealth Concepts LLC owned approximately 0.10% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF worth $76,784,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. SJS Investment Consulting Inc. acquired a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 2nd quarter worth about $34,000. Iron Horse Wealth Management LLC raised its stake in 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 acquiring an additional 400 shares in the last quarter. GPS Wealth Strategies Group LLC boosted its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 871.3% in the second quarter. GPS Wealth Strategies Group LLC now owns 777 shares of the company’s stock valued at $55,000 after acquiring an additional 697 shares in the last quarter. M&R Capital Management Inc. increased its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 26.4% during the third quarter. M&R Capital Management Inc. now owns 1,054 shares of the company’s stock worth $82,000 after purchasing an additional 220 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 73.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,340 shares of the company’s stock valued at $166,000 after purchasing an additional 992 shares during the last quarter.

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

GSEW opened at $82.64 on Tuesday. The stock’s 50 day moving average price is $79.01 and its 200 day moving average price is $75.01. The firm has a market capitalization of $801.61 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 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.