Financial Advocates Investment Management Sells 334 Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

Financial Advocates Investment Management lowered its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 4.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,800 shares of the company’s stock after selling 334 shares during the period. Financial Advocates Investment Management owned about 0.07% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF worth $484,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in GSEW. SJS Investment Consulting Inc. bought a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 2nd quarter valued at $34,000. 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 during the last quarter. M&R Capital Management Inc. boosted its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 74.1% in the first quarter. M&R Capital Management Inc. now owns 787 shares of the company’s stock valued at $57,000 after acquiring an additional 335 shares during the last quarter. Central Pacific Bank Trust Division purchased a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 1st quarter worth approximately $178,000. Finally, Capital Advisors Wealth Management LLC purchased a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the second quarter worth $241,000.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Down 0.6 %

BATS GSEW traded down $0.49 during trading on Thursday, hitting $74.96. 183,729 shares of the company’s stock traded hands. The stock has a market capitalization of $727.11 million, a PE ratio of 21.36 and a beta of 0.93. The business’s 50-day simple moving average is $72.63 and its 200 day simple moving average is $71.40.

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

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

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.