Sierra Capital LLC Increases Stock Holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

Sierra Capital LLC increased its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 4.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 112,848 shares of the company’s stock after purchasing an additional 4,559 shares during the period. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF comprises 1.0% of Sierra Capital LLC’s holdings, making the stock its 24th largest holding. Sierra Capital LLC’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $8,743,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Asio Capital LLC lifted its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 4.4% in the 1st quarter. Asio Capital LLC now owns 12,021 shares of the company’s stock valued at $875,000 after buying an additional 506 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 54.4% in the 1st quarter. Commonwealth Equity Services LLC now owns 18,456 shares of the company’s stock valued at $1,344,000 after buying an additional 6,505 shares during the period. Perigon Wealth Management LLC raised its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 26.7% in the 1st quarter. Perigon Wealth Management LLC now owns 31,734 shares of the company’s stock worth $2,311,000 after purchasing an additional 6,678 shares during the period. Janney Montgomery Scott LLC acquired a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 1st quarter worth about $1,633,000. Finally, Central Pacific Bank Trust Division acquired a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 1st quarter worth about $178,000.

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

BATS GSEW traded down $0.63 during trading hours on Tuesday, reaching $78.48. The company’s stock had a trading volume of 13,135 shares. The stock has a market capitalization of $761.26 million, a price-to-earnings ratio of 21.36 and a beta of 0.93. The firm has a fifty day moving average price of $76.09 and a 200-day moving average price of $73.02.

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.