Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Hits New 52-Week High – Still a Buy?

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as $94.13 and last traded at $94.05, with a volume of 15205 shares changing hands. The stock had previously closed at $93.26.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Trading Up 0.7%

The business’s 50-day moving average price is $90.24 and its 200-day moving average price is $88.00. The stock has a market cap of $1.47 billion, a PE ratio of 21.82 and a beta of 1.01.

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

Large investors have recently bought and sold shares of the stock. Whittier Trust Co. purchased a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 4th quarter valued at $26,000. Parallel Advisors LLC acquired a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 4th quarter valued at $26,000. Ancora Advisors LLC acquired a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 3rd quarter valued at $32,000. Allworth Financial LP acquired a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the fourth quarter worth $37,000. Finally, Bogart Wealth LLC acquired a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the fourth quarter worth $74,000.

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.