Black Swift Group LLC Lowers Stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

Black Swift Group LLC lessened its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 26.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 133,310 shares of the company’s stock after selling 48,642 shares during the period. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF makes up 2.2% of Black Swift Group LLC’s portfolio, making the stock its 13th biggest position. Black Swift Group LLC owned about 0.85% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF worth $10,870,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of GSEW. Richards Merrill & Peterson Inc. lifted its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 101.2% during the first quarter. Richards Merrill & Peterson Inc. now owns 2,080 shares of the company’s stock worth $158,000 after purchasing an additional 1,046 shares in the last quarter. Summit X LLC acquired a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the first quarter worth about $205,000. AFG Fiduciary Services Limited Partnership acquired a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the second quarter worth about $218,000. Sunpointe LLC acquired a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the second quarter worth about $239,000. Finally, Sequoia Financial Advisors LLC acquired a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the second quarter worth about $242,000.

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

Shares of GSEW opened at $84.04 on Thursday. The stock’s 50-day moving average is $84.71 and its two-hundred day moving average is $81.82. The stock has a market cap of $1.32 billion, a PE ratio of 21.82 and a beta of 1.01. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 12 month low of $65.88 and a 12 month high of $83.97.

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