Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Sets New 12-Month High – Should You Buy?

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLCGet Free Report)’s share price reached a new 52-week high on Monday . The company traded as high as $140.06 and last traded at $140.00, with a volume of 15420 shares traded. The stock had previously closed at $139.86.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Trading Up 0.5%

The stock has a market cap of $15.40 billion, a price-to-earnings ratio of 24.08 and a beta of 0.99. The stock has a 50-day moving average price of $131.32 and a two-hundred day moving average price of $131.94.

Institutional Trading of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quest 10 Wealth Builders Inc. acquired a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter worth about $26,000. EPG Wealth Management LLC acquired a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter worth about $27,000. Tsfg LLC lifted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 112.5% during the 4th quarter. Tsfg LLC now owns 204 shares of the company’s stock worth $27,000 after acquiring an additional 108 shares during the period. Longview Financial Advisors Inc. acquired a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 1st quarter worth about $29,000. Finally, Sunbelt Securities Inc. lifted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 163.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 263 shares of the company’s stock worth $34,000 after acquiring an additional 163 shares during the period.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Company Profile

(Get Free Report)

The Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-cap stocks comprising 4 sub-indexes: value, momentum, quality, and low volatility. The index uses multiple factors to pick stocks, and each sub-index receives equal weight. GSLC was launched on Sep 21, 2015 and is managed by Goldman Sachs.

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