Short Interest in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Drops By 56.3%

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) saw a significant decrease in short interest in April. As of April 30th, there was short interest totaling 36,467 shares, a decrease of 56.3% from the April 15th total of 83,536 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 80,558 shares, the short-interest ratio is presently 0.5 days.

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

Shares of BATS:GSEW opened at $89.83 on Friday. The company has a fifty day moving average of $87.69 and a 200-day moving average of $86.86. The company has a market capitalization of $1.41 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 52-week low of $77.11 and a 52-week high of $91.71.

Institutional Trading of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

Several institutional investors have recently modified their holdings of the business. Sequoia Financial Advisors LLC grew its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 8.1% in the first quarter. Sequoia Financial Advisors LLC now owns 2,778 shares of the company’s stock worth $235,000 after purchasing an additional 207 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 1.7% in the fourth quarter. Cetera Investment Advisers now owns 12,923 shares of the company’s stock worth $1,100,000 after purchasing an additional 212 shares during the last quarter. WBH Advisory Inc. grew its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 6.4% in the first quarter. WBH Advisory Inc. now owns 3,703 shares of the company’s stock worth $315,000 after purchasing an additional 223 shares during the last quarter. Captrust Financial Advisors grew its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 8.3% in the fourth quarter. Captrust Financial Advisors now owns 3,050 shares of the company’s stock worth $260,000 after purchasing an additional 233 shares during the last quarter. Finally, Whittier Trust Co. bought a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the fourth quarter worth $26,000.

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.