Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Shares Shorted: Short Interest Up 606.0% in October

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) was the target of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 164,466 shares, an increase of 606.0% from the October 15th total of 23,294 shares. Approximately 1.1% of the shares of the company are short sold. Based on an average trading volume of 99,391 shares, the short-interest ratio is currently 1.7 days.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Trading Down 0.1%

Shares of GSEW stock opened at $97.36 on Wednesday. The firm has a market capitalization of $1.52 billion, a P/E ratio of 21.82 and a beta of 1.01. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 1 year low of $80.92 and a 1 year high of $99.42. The firm’s fifty day simple moving average is $95.62 and its 200 day simple moving average is $92.43.

Institutional Trading of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Private Client Services LLC acquired a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the third quarter valued at about $2,499,000. Advisors Preferred LLC lifted its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 167.4% in the first quarter. Advisors Preferred LLC now owns 100,000 shares of the company’s stock valued at $8,466,000 after buying an additional 62,600 shares during the period. Lineweaver Wealth Advisors LLC grew its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 7.2% during the third quarter. Lineweaver Wealth Advisors LLC now owns 136,090 shares of the company’s stock worth $12,667,000 after buying an additional 9,153 shares in the last quarter. Integrated Wealth Concepts LLC grew its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 1.5% during the second quarter. Integrated Wealth Concepts LLC now owns 1,217,488 shares of the company’s stock worth $114,955,000 after buying an additional 17,928 shares in the last quarter. Finally, Firestone Capital Management increased its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 33.5% during the second quarter. Firestone Capital Management now owns 21,203 shares of the company’s stock valued at $2,002,000 after acquiring an additional 5,325 shares during the period.

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.