Signature Estate & Investment Advisors LLC Trims Stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

Signature Estate & Investment Advisors LLC cut its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 23.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 2,988 shares of the company’s stock after selling 907 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $231,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Barnett & Company Inc. lifted its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 3.6% during the 4th quarter. Barnett & Company Inc. now owns 5,309 shares of the company’s stock worth $410,000 after acquiring an additional 185 shares in the last quarter. Iron Horse Wealth Management LLC lifted its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 33.3% during the fourth quarter. Iron Horse Wealth Management LLC now owns 800 shares of the company’s stock worth $62,000 after purchasing an additional 200 shares in the last quarter. Sterneck Capital Management LLC lifted its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 5.5% during the fourth quarter. Sterneck Capital Management LLC now owns 4,376 shares of the company’s stock worth $338,000 after purchasing an additional 227 shares in the last quarter. Paragon Capital Management LLC boosted its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 2.9% in the fourth quarter. Paragon Capital Management LLC now owns 8,652 shares of the company’s stock valued at $668,000 after purchasing an additional 246 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 1.4% in the third quarter. JPMorgan Chase & Co. now owns 18,704 shares of the company’s stock valued at $1,449,000 after purchasing an additional 255 shares in the last quarter.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Trading Down 1.1 %

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF stock opened at $76.90 on Friday. The firm has a market capitalization of $1.18 billion, a P/E ratio of 21.58 and a beta of 1.07. The stock’s fifty day simple moving average is $78.91 and its 200-day simple moving average is $78.72. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a twelve month low of $68.51 and a twelve month high of $83.11.

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.