IFP Advisors Inc Increases Position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

IFP Advisors Inc lifted its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 2.9% in the 2nd quarter, Holdings Channel reports. The firm owned 225,517 shares of the company’s stock after purchasing an additional 6,447 shares during the quarter. IFP Advisors Inc’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $21,293,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Parallel Advisors LLC purchased a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the fourth quarter worth about $26,000. Operose Advisors LLC acquired a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 2nd quarter valued at approximately $34,000. Ancora Advisors LLC purchased a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 3rd quarter worth approximately $32,000. Allworth Financial LP purchased a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 4th quarter worth approximately $37,000. Finally, Longview Financial Advisors Inc. purchased a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 1st quarter worth approximately $89,000.

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

GSEW opened at $96.63 on Wednesday. The stock’s 50 day simple moving average is $96.37 and its 200 day simple moving average is $92.01. The stock has a market cap of $1.51 billion, a P/E 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 $80.92 and a 1-year high of $99.42.

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.