Spire Wealth Management Sells 760 Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

Spire Wealth Management lessened its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 5.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 12,616 shares of the company’s stock after selling 760 shares during the period. Spire Wealth Management’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $839,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of GSEW. IFP Advisors Inc raised its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 5.8% during the fourth quarter. IFP Advisors Inc now owns 160,921 shares of the company’s stock worth $10,791,000 after acquiring an additional 8,878 shares during the last quarter. ORG Partners LLC bought a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 4th quarter worth about $9,100,000. Consolidated Portfolio Review Corp lifted its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 12.3% during the 4th quarter. Consolidated Portfolio Review Corp now owns 117,863 shares of the company’s stock valued at $7,904,000 after purchasing an additional 12,951 shares during the period. LPL Financial LLC lifted its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 75,049 shares of the company’s stock valued at $4,483,000 after purchasing an additional 6,515 shares during the period. Finally, Sierra Capital LLC boosted its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 31.4% in the 4th quarter. Sierra Capital LLC now owns 48,807 shares of the company’s stock valued at $3,273,000 after purchasing an additional 11,675 shares during the last quarter.

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

GSEW opened at $70.88 on Thursday. The business’s fifty day simple moving average is $70.80 and its 200 day simple moving average is $66.92. The company has a market capitalization of $687.54 million, a P/E ratio of 21.36 and a beta of 0.93.

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.