Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) Announces Dividend Increase – $0.40 Per Share

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (BATS:GSEW) declared a dividend on Friday, December 20th,NASDAQ Dividends reports. Stockholders of record on Monday, December 23rd will be paid a dividend of 0.398 per share on Monday, December 30th. The ex-dividend date of this dividend is Monday, December 23rd. This is a boost from Goldman Sachs Equal Weight U.S. Large Cap Equity ETF’s previous dividend of $0.29.

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF Stock Up 1.4 %

Shares of GSEW stock traded up $1.11 during trading on Friday, hitting $78.10. The company had a trading volume of 264,691 shares. The company has a market cap of $757.57 million, a price-to-earnings ratio of 21.36 and a beta of 0.93. The stock’s 50 day simple moving average is $79.97 and its 200-day simple moving average is $75.85.

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.