SPC Financial Inc. Acquires 47,562 Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

SPC Financial Inc. raised its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 5.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 852,867 shares of the company’s stock after purchasing an additional 47,562 shares during the quarter. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF comprises approximately 5.8% of SPC Financial Inc.’s portfolio, making the stock its 3rd largest holding. SPC Financial Inc. owned about 9.27% of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF worth $62,097,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. M&R Capital Management Inc. increased its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 74.1% during the first quarter. M&R Capital Management Inc. now owns 787 shares of the company’s stock worth $57,000 after acquiring an additional 335 shares during the period. ICA Group Wealth Management LLC purchased a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF during the fourth quarter worth about $67,000. Central Pacific Bank Trust Division purchased a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the first quarter valued at about $178,000. Cedar Brook Financial Partners LLC purchased a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the fourth quarter valued at about $216,000. Finally, AFG Fiduciary Services Limited Partnership purchased a new stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the fourth quarter valued at about $222,000.

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

Shares of BATS GSEW traded up $0.72 on Thursday, hitting $72.34. The company’s stock had a trading volume of 18,149 shares. The stock has a market cap of $701.70 million, a P/E ratio of 21.36 and a beta of 0.93. The company has a 50-day simple moving average of $71.27 and a 200 day simple moving average of $69.85.

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

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

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