JPMorgan Chase & Co. Raises Stock Holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

JPMorgan Chase & Co. grew its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 1.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,704 shares of the company’s stock after acquiring an additional 255 shares during the quarter. JPMorgan Chase & Co. owned about 0.19% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF worth $1,449,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. M&R Capital Management Inc. lifted its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 26.4% in the third quarter. M&R Capital Management Inc. now owns 1,054 shares of the company’s stock valued at $82,000 after acquiring an additional 220 shares in the last quarter. SPC Financial Inc. increased its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 2.5% in the second quarter. SPC Financial Inc. now owns 873,940 shares of the company’s stock valued at $62,185,000 after purchasing an additional 21,073 shares during the last quarter. Raymond James & Associates increased its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 208.7% in the third quarter. Raymond James & Associates now owns 40,489 shares of the company’s stock valued at $3,137,000 after purchasing an additional 27,372 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 2.6% in the second quarter. Envestnet Asset Management Inc. now owns 158,842 shares of the company’s stock valued at $11,302,000 after purchasing an additional 4,029 shares during the last quarter. Finally, Iron Horse Wealth Management LLC increased its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 200.0% in the third quarter. Iron Horse Wealth Management LLC now owns 600 shares of the company’s stock valued at $46,000 after purchasing an additional 400 shares during the last quarter.

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

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF stock opened at $80.92 on Friday. The firm has a market capitalization of $784.92 million, a price-to-earnings ratio of 21.36 and a beta of 0.93. The firm has a 50 day simple moving average of $79.74 and a two-hundred day simple moving average of $77.04.

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

The firm also recently announced a dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 23rd were given a $0.398 dividend. This is a boost from Goldman Sachs Equal Weight U.S. Large Cap Equity ETF’s previous dividend of $0.29. The ex-dividend date was Monday, December 23rd.

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.