Spire Wealth Management Increases Position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

Spire Wealth Management increased its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 12.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 12,025 shares of the company’s stock after buying an additional 1,303 shares during the quarter. Spire Wealth Management’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $929,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Iron Horse Wealth Management LLC boosted its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 200.0% in the third quarter. Iron Horse Wealth Management LLC now owns 600 shares of the company’s stock valued at $46,000 after purchasing an additional 400 shares during the last quarter. Goodman Advisory Group LLC purchased a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the third quarter valued at $99,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 73.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,340 shares of the company’s stock valued at $166,000 after purchasing an additional 992 shares during the last quarter. Family Asset Management LLC purchased a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the third quarter valued at $200,000. Finally, Rock Point Advisors LLC purchased a new stake in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF in the third quarter valued at $209,000.

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

BATS:GSEW opened at $80.01 on Wednesday. The stock has a market capitalization of $776.13 million, a price-to-earnings ratio of 21.36 and a beta of 0.93. The firm has a 50 day simple moving average of $79.64 and a two-hundred day simple moving average of $77.54.

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 $0.398 dividend. This is a positive change 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.

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.