Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Short Interest Up 83.5% in May

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 24,820 shares, a growth of 83.5% from the May 14th total of 13,525 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 54,251 shares, the short-interest ratio is currently 0.5 days.

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

GSEW traded up $0.96 during trading on Monday, hitting $95.00. 2,216 shares of the stock were exchanged, compared to its average volume of 87,039. The firm has a 50 day simple moving average of $90.42 and a 200 day simple moving average of $88.08. The firm has a market cap of $1.49 billion, a price-to-earnings ratio of 21.82 and a beta of 1.01. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 1 year low of $79.24 and a 1 year high of $95.06.

Hedge Funds Weigh In On Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

Several institutional investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC lifted its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 7.5% in the third quarter. Integrated Wealth Concepts LLC now owns 1,357,176 shares of the company’s stock worth $115,414,000 after acquiring an additional 94,490 shares during the period. Members Trust Co increased its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 3.5% during the 4th quarter. Members Trust Co now owns 1,104,114 shares of the company’s stock valued at $93,982,000 after purchasing an additional 37,429 shares during the period. Morgan Stanley raised its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 28.1% in the 4th quarter. Morgan Stanley now owns 927,246 shares of the company’s stock valued at $78,927,000 after purchasing an additional 203,219 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 11.2% in the 3rd quarter. Bank of America Corp DE now owns 659,405 shares of the company’s stock worth $56,076,000 after purchasing an additional 66,674 shares during the period. Finally, Aptus Capital Advisors LLC lifted its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 4.5% in the 4th quarter. Aptus Capital Advisors LLC now owns 588,483 shares of the company’s stock worth $50,092,000 after purchasing an additional 25,200 shares during the period.

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.