LPL Financial LLC Buys 10,745 Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

LPL Financial LLC boosted its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 9.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 127,865 shares of the company’s stock after purchasing an additional 10,745 shares during the period. LPL Financial LLC owned about 1.32% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF worth $9,874,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Iron Horse Wealth Management LLC boosted its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 33.3% in the fourth quarter. Iron Horse Wealth Management LLC now owns 800 shares of the company’s stock worth $62,000 after buying an additional 200 shares during the last quarter. Sierra Ocean LLC purchased a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 4th quarter worth $80,000. Goodman Advisory Group LLC bought a new position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 3rd quarter worth $99,000. Transcend Capital Advisors LLC purchased a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the fourth quarter worth about $233,000. Finally, Sterneck Capital Management LLC raised its stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 5.5% during the 4th quarter. Sterneck Capital Management LLC now owns 4,376 shares of the company’s stock worth $338,000 after acquiring an additional 227 shares during the period.

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

The stock has a market capitalization of $762.46 million, a P/E ratio of 21.58 and a beta of 1.07. The firm’s fifty day moving average price is $78.19 and its 200 day moving average price is $78.70. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 1-year low of $68.51 and a 1-year high of $83.11.

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.