Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) to Issue Dividend Increase – $0.40 Per Share

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) announced a dividend on Friday, December 20th,NASDAQ Dividends reports. Stockholders of record on Monday, December 23rd will be paid a dividend of 0.398 per share on Monday, December 30th. The ex-dividend date is Monday, December 23rd. This is a boost from Goldman Sachs Equal Weight U.S. Large Cap Equity ETF’s previous dividend of $0.29.

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

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF stock traded up $1.11 during mid-day trading on Friday, reaching $78.10. 264,691 shares of the company’s stock traded hands. The stock has a market capitalization of $757.57 million, a P/E ratio of 21.36 and a beta of 0.93. The firm’s 50-day moving average price is $79.97 and its 200 day moving average price is $75.85.

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.