Richards Merrill & Peterson Inc. Acquires 1,046 Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

Richards Merrill & Peterson Inc. grew its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 101.2% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,080 shares of the company’s stock after buying an additional 1,046 shares during the quarter. Richards Merrill & Peterson Inc.’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $158,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Arlington Trust Co LLC purchased a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the first quarter valued at approximately $106,000. Summit X LLC purchased a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the first quarter worth $205,000. LexAurum Advisors LLC purchased a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the first quarter worth $222,000. Focus Partners Wealth purchased a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the fourth quarter worth $246,000. Finally, Wilkins Miller Wealth Management LLC purchased a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the fourth quarter worth $247,000.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Up 8.2%

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF stock opened at $84.14 on Monday. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a twelve month low of $65.88 and a twelve month high of $83.97. The firm has a market cap of $1.32 billion, a P/E ratio of 21.82 and a beta of 1.01. The business has a fifty day moving average of $80.83 and a two-hundred day moving average of $78.21.

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.