Abbrea Capital LLC Boosts Stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

Abbrea Capital LLC raised its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 17.3% during the second quarter, Holdings Channel.com reports. The firm owned 27,250 shares of the company’s stock after purchasing an additional 4,025 shares during the period. Abbrea Capital LLC’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $1,939,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. SPC Financial Inc. raised its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 5.9% in the first quarter. SPC Financial Inc. now owns 852,867 shares of the company’s stock valued at $62,097,000 after purchasing an additional 47,562 shares during the period. Aptus Capital Advisors LLC raised its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 71.5% in the second quarter. Aptus Capital Advisors LLC now owns 227,092 shares of the company’s stock valued at $16,159,000 after purchasing an additional 94,681 shares during the period. ORG Partners LLC purchased a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the second quarter valued at $10,911,000. Consolidated Portfolio Review Corp raised its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 9.5% in the second quarter. Consolidated Portfolio Review Corp now owns 124,683 shares of the company’s stock valued at $8,872,000 after purchasing an additional 10,790 shares during the period. Finally, Sierra Capital LLC raised its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 124.6% in the 1st quarter. Sierra Capital LLC now owns 109,615 shares of the company’s stock valued at $7,981,000 after buying an additional 60,808 shares during the period.

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

GSEW stock opened at $74.95 on Friday. The stock has a market cap of $727.02 million, a P/E ratio of 21.36 and a beta of 0.93. The company has a 50-day moving average price of $73.41 and a two-hundred day moving average price of $71.84.

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

The company also recently disclosed a dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were issued a $0.2916 dividend. The ex-dividend date of this dividend was Monday, June 24th.

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.