Spire Wealth Management Grows Stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

Spire Wealth Management increased its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 12.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,025 shares of the company’s stock after acquiring an additional 1,303 shares during the period. Spire Wealth Management owned approximately 0.12% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF worth $929,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Iron Horse Wealth Management LLC boosted its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 200.0% during the third quarter. Iron Horse Wealth Management LLC now owns 600 shares of the company’s stock valued at $46,000 after buying an additional 400 shares during the period. Goodman Advisory Group LLC purchased a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the third quarter valued at approximately $99,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 73.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,340 shares of the company’s stock valued at $166,000 after buying an additional 992 shares during the period. Family Asset Management LLC purchased a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the third quarter valued at approximately $200,000. Finally, Rock Point Advisors LLC purchased a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the third quarter valued at approximately $209,000.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Up 2.9 %

Shares of BATS:GSEW opened at $80.01 on Wednesday. The company’s 50-day simple moving average is $79.64 and its 200 day simple moving average is $77.54. The stock has a market capitalization of $776.13 million, a price-to-earnings ratio of 21.36 and a beta of 0.93.

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

The firm also recently announced a dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 23rd were given a dividend of $0.398 per share. The ex-dividend date of this dividend was Monday, December 23rd. This is a positive change 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 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.