Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC – Get Free Report) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 64,390 shares, a decrease of 37.7% from the June 30th total of 103,383 shares. Based on an average daily volume of 355,654 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are short sold.
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Price Performance
NYSEARCA GSLC traded up $1.75 during trading hours on Thursday, hitting $141.98. The company had a trading volume of 183,889 shares, compared to its average volume of 331,011. The firm’s 50 day moving average is $141.80 and its 200 day moving average is $135.81. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a fifty-two week low of $121.12 and a fifty-two week high of $144.46. The company has a market capitalization of $14.92 billion, a price-to-earnings ratio of 24.08 and a beta of 0.99.
Institutional Investors Weigh In On Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
A number of large investors have recently modified their holdings of GSLC. Wells Fargo & Company MN lifted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.6% during the 4th quarter. Wells Fargo & Company MN now owns 28,018,723 shares of the company’s stock worth $3,708,838,000 after acquiring an additional 172,810 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,077,759 shares of the company’s stock valued at $936,883,000 after acquiring an additional 277,601 shares in the last quarter. Betterment LLC grew its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 2.7% in the fourth quarter. Betterment LLC now owns 6,005,716 shares of the company’s stock valued at $794,977,000 after acquiring an additional 157,867 shares in the last quarter. Signature Estate & Investment Advisors LLC raised its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 20.3% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 5,324,452 shares of the company’s stock valued at $704,798,000 after purchasing an additional 899,397 shares during the period. Finally, LPL Financial LLC raised its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 3.1% during the fourth quarter. LPL Financial LLC now owns 3,163,844 shares of the company’s stock valued at $418,798,000 after purchasing an additional 95,530 shares during the period.
About Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
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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