Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Short Interest Update

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 53,531 shares, a decline of 45.5% from the August 15th total of 98,286 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 74,924 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Trading of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in GSEW. Sequoia Financial Advisors LLC boosted its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 8.1% in the first quarter. Sequoia Financial Advisors LLC now owns 2,778 shares of the company’s stock valued at $235,000 after acquiring an additional 207 shares during the last quarter. WBH Advisory Inc. raised its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 6.4% in the first quarter. WBH Advisory Inc. now owns 3,703 shares of the company’s stock worth $315,000 after purchasing an additional 223 shares during the period. Sterneck Capital Management LLC lifted its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 6.5% during the first quarter. Sterneck Capital Management LLC now owns 5,444 shares of the company’s stock worth $461,000 after acquiring an additional 332 shares in the last quarter. 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 approximately $34,000. Finally, PFG Investments LLC increased its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 3.5% during the first quarter. PFG Investments LLC now owns 12,716 shares of the company’s stock worth $1,077,000 after acquiring an additional 425 shares in the last quarter.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Down 0.5%

BATS:GSEW traded down $0.48 during trading hours on Tuesday, reaching $95.01. The company had a trading volume of 96,432 shares, compared to its average volume of 85,309. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF has a one year low of $80.92 and a one year high of $99.42. The stock has a 50-day moving average of $96.40 and a two-hundred day moving average of $92.20. The firm has a market capitalization of $1.49 billion, a PE ratio of 21.82 and a beta of 1.01.

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.