Nwam LLC Acquires 8,704 Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

Nwam LLC increased its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 69.7% during the third quarter, HoldingsChannel reports. The fund owned 21,187 shares of the company’s stock after acquiring an additional 8,704 shares during the quarter. Nwam LLC’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $1,801,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. AFG Fiduciary Services Limited Partnership bought a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 2nd quarter worth approximately $218,000. Sequoia Financial Advisors LLC purchased a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the second quarter valued at approximately $242,000. WBH Advisory Inc. bought a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the second quarter worth $284,000. Transcend Capital Advisors LLC raised its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 14.6% in the 2nd quarter. Transcend Capital Advisors LLC now owns 4,013 shares of the company’s stock valued at $327,000 after buying an additional 512 shares during the last quarter. Finally, Richmond Investment Services LLC bought a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 2nd quarter valued at $342,000.

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

GSEW opened at $88.52 on Friday. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 1 year low of $65.88 and a 1 year high of $83.97. The company has a market capitalization of $1.39 billion, a price-to-earnings ratio of 21.82 and a beta of 1.01. The firm’s fifty day moving average price is $85.45 and its two-hundred day moving average price is $84.43.

About Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

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.