Integrated Wealth Concepts LLC Raises Holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF $GSEW

Integrated Wealth Concepts LLC increased its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 1.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 1,217,488 shares of the company’s stock after purchasing an additional 17,928 shares during the period. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF accounts for about 0.7% of Integrated Wealth Concepts LLC’s holdings, making the stock its 24th biggest holding. Integrated Wealth Concepts LLC owned 7.78% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF worth $114,955,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the company. Parallel Advisors LLC acquired a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the fourth quarter valued at approximately $26,000. Operose Advisors LLC acquired a new position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 2nd quarter valued at $34,000. Ancora Advisors LLC purchased a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 3rd quarter valued at $32,000. Allworth Financial LP purchased a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the 4th quarter valued at $37,000. Finally, Longview Financial Advisors Inc. acquired a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the 1st quarter worth $89,000.

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

Shares of BATS:GSEW opened at $96.63 on Wednesday. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a 1-year low of $80.92 and a 1-year high of $99.42. The stock has a market cap of $1.51 billion, a P/E ratio of 21.82 and a beta of 1.01. The firm has a fifty day moving average price of $96.37 and a 200 day moving average price of $92.01.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Company 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.