Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Short Interest Update

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 53,531 shares, a decline of 45.5% from the August 15th total of 98,286 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 74,924 shares, the days-to-cover ratio is currently 0.7 days.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Trading Down 0.5%

Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF stock traded down $0.48 during trading hours on Tuesday, reaching $95.01. 96,432 shares of the company’s stock were exchanged, compared to its average volume of 85,309. The company has a 50 day moving average of $96.40 and a two-hundred day moving average of $92.20. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a fifty-two week low of $80.92 and a fifty-two week high of $99.42. The stock has a market cap of $1.49 billion, a P/E ratio of 21.82 and a beta of 1.01.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Integrated Wealth Concepts LLC increased its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 1.5% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 1,217,488 shares of the company’s stock worth $114,955,000 after acquiring an additional 17,928 shares during the last quarter. Aptus Capital Advisors LLC raised its stake in 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 in the last quarter. Guardian Wealth Advisors LLC NC raised its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 3.0% in the second quarter. Guardian Wealth Advisors LLC NC now owns 305,636 shares of the company’s stock valued at $28,858,000 after buying an additional 8,986 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 250.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 299,699 shares of the company’s stock valued at $26,133,000 after acquiring an additional 214,110 shares during the period. Finally, IFP Advisors Inc grew its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 2.9% during the second quarter. IFP Advisors Inc now owns 225,517 shares of the company’s stock worth $21,293,000 after buying an additional 6,447 shares in the last quarter.

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.