Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW Shares Acquired by Cornerstone Advisors Asset Management LLC

Cornerstone Advisors Asset Management LLC increased its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 2.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 195,825 shares of the company’s stock after buying an additional 5,540 shares during the period. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF accounts for 2.4% of Cornerstone Advisors Asset Management LLC’s holdings, making the stock its 10th largest position. Cornerstone Advisors Asset Management LLC owned 1.25% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF worth $18,490,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Royal Bank of Canada lifted its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 17.3% in the 1st quarter. Royal Bank of Canada now owns 119,845 shares of the company’s stock valued at $9,113,000 after acquiring an additional 17,644 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 7.6% in the first quarter. NewEdge Advisors LLC now owns 15,010 shares of the company’s stock worth $1,141,000 after purchasing an additional 1,065 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the first quarter valued at about $2,080,000. JPMorgan Chase & Co. boosted its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 93.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 14,911 shares of the company’s stock worth $1,216,000 after buying an additional 7,189 shares during the last quarter. Finally, Raymond James Financial Inc. grew its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 19.7% in the 2nd quarter. Raymond James Financial Inc. now owns 353,011 shares of the company’s stock valued at $28,785,000 after purchasing an additional 58,174 shares during the period.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Down 0.2%

GSEW opened at $97.36 on Friday. The company has a market capitalization of $1.52 billion, a price-to-earnings ratio of 21.82 and a beta of 1.01. The firm has a 50-day moving average price of $96.26 and a 200-day moving average price of $91.87. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a twelve month low of $80.92 and a twelve month high of $99.42.

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.