Cornerstone Advisors Asset Management LLC Grows Stock Position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

Cornerstone Advisors Asset Management LLC raised its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 0.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 122,813 shares of the company’s stock after acquiring an additional 268 shares during the quarter. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF accounts for about 2.0% of Cornerstone Advisors Asset Management LLC’s investment portfolio, making the stock its 12th largest holding. Cornerstone Advisors Asset Management LLC’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $9,484,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in GSEW. Signature Estate & Investment Advisors LLC raised its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 4.1% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 3,895 shares of the company’s stock valued at $302,000 after purchasing an additional 154 shares in the last quarter. Princeton Global Asset Management LLC grew its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 1.4% during the 3rd quarter. Princeton Global Asset Management LLC now owns 13,120 shares of the company’s stock worth $1,016,000 after acquiring an additional 176 shares in the last quarter. Iron Horse Wealth Management LLC increased its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 33.3% in the 4th quarter. Iron Horse Wealth Management LLC now owns 800 shares of the company’s stock worth $62,000 after purchasing an additional 200 shares during the last quarter. Barnett & Company Inc. raised its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 4.2% in the 3rd quarter. Barnett & Company Inc. now owns 5,124 shares of the company’s stock valued at $397,000 after purchasing an additional 206 shares in the last quarter. Finally, Sterneck Capital Management LLC lifted its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 5.5% during the fourth quarter. Sterneck Capital Management LLC now owns 4,376 shares of the company’s stock worth $338,000 after purchasing an additional 227 shares during the last quarter.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Up 4.1 %

BATS:GSEW opened at $80.97 on Wednesday. The firm has a market capitalization of $785.40 million, a P/E ratio of 21.36 and a beta of 0.93. The stock has a 50 day moving average price of $79.26 and a 200-day moving average price of $78.05.

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

The company also recently announced a dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 23rd were given a $0.398 dividend. This is a positive change from Goldman Sachs Equal Weight U.S. Large Cap Equity ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, December 23rd.

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.