Gladstone Institutional Advisory LLC Has $3.18 Million Position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

Gladstone Institutional Advisory LLC boosted its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 1.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 41,183 shares of the company’s stock after buying an additional 421 shares during the period. Gladstone Institutional Advisory LLC’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $3,180,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 1.4% in the third quarter. JPMorgan Chase & Co. now owns 18,704 shares of the company’s stock valued at $1,449,000 after buying an additional 255 shares during the period. Janney Montgomery Scott LLC increased its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 20.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 35,413 shares of the company’s stock valued at $2,735,000 after purchasing an additional 6,123 shares during the period. Raymond James & Associates raised its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 208.7% during the 3rd quarter. Raymond James & Associates now owns 40,489 shares of the company’s stock worth $3,137,000 after purchasing an additional 27,372 shares during the last quarter. Iron Horse Wealth Management LLC lifted its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 200.0% in the 3rd quarter. Iron Horse Wealth Management LLC now owns 600 shares of the company’s stock worth $46,000 after purchasing an additional 400 shares during the period. Finally, SPC Financial Inc. lifted its position in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 0.9% in the 3rd quarter. SPC Financial Inc. now owns 881,576 shares of the company’s stock worth $68,300,000 after purchasing an additional 7,636 shares during the period.

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

GSEW opened at $79.85 on Thursday. The business’s fifty day moving average price is $79.35 and its two-hundred day moving average price is $77.81. The firm has a market capitalization of $774.54 million, a PE ratio of 21.36 and a beta of 0.93.

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

The firm also recently declared a dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.398 per share. This is an increase from Goldman Sachs Equal Weight U.S. Large Cap Equity ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, December 23rd.

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.