Sterneck Capital Management LLC Purchases 227 Shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW)

Sterneck Capital Management LLC boosted its position in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) by 5.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,376 shares of the company’s stock after purchasing an additional 227 shares during the quarter. Sterneck Capital Management LLC’s holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF were worth $338,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. M&R Capital Management Inc. increased its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 26.4% in the 3rd quarter. M&R Capital Management Inc. now owns 1,054 shares of the company’s stock worth $82,000 after acquiring an additional 220 shares in the last quarter. SPC Financial Inc. grew its holdings in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 2.5% in the second quarter. SPC Financial Inc. now owns 873,940 shares of the company’s stock worth $62,185,000 after purchasing an additional 21,073 shares during the period. Raymond James & Associates increased its stake in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 208.7% during the third quarter. Raymond James & Associates now owns 40,489 shares of the company’s stock valued at $3,137,000 after purchasing an additional 27,372 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by 2.6% during the second quarter. Envestnet Asset Management Inc. now owns 158,842 shares of the company’s stock valued at $11,302,000 after purchasing an additional 4,029 shares during the last quarter. Finally, Iron Horse Wealth Management LLC boosted 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 in the last quarter.

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

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF stock opened at $77.61 on Wednesday. The stock has a fifty day moving average of $79.84 and a 200 day moving average of $76.47. The stock has a market cap of $752.82 million, a P/E ratio of 21.36 and a beta of 0.93.

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

The business also recently announced a dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 23rd were paid a $0.398 dividend. 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 was Monday, December 23rd.

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.