Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Sees Strong Trading Volume – Here’s Why

Shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLCGet Free Report) saw strong trading volume on Thursday . Approximately 783,016 shares changed hands during trading, an increase of 138% from the previous session’s volume of 329,153 shares.The stock last traded at $146.55 and had previously closed at $146.91.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Up 0.8%

The firm has a market cap of $15.54 billion, a PE ratio of 24.08 and a beta of 0.99. The firm’s fifty day simple moving average is $142.24 and its two-hundred day simple moving average is $136.35.

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

Institutional investors and hedge funds have recently modified their holdings of the company. SOA Wealth Advisors LLC. lifted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 19.0% during the first quarter. SOA Wealth Advisors LLC. now owns 450 shares of the company’s stock worth $56,000 after purchasing an additional 72 shares in the last quarter. Cassaday & Co Wealth Management LLC boosted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.4% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 19,835 shares of the company’s stock valued at $2,482,000 after buying an additional 75 shares during the period. KCM Investment Advisors LLC grew its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.9% in the first quarter. KCM Investment Advisors LLC now owns 3,980 shares of the company’s stock worth $498,000 after acquiring an additional 75 shares in the last quarter. Advisory Services Network LLC increased its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.7% during the fourth quarter. Advisory Services Network LLC now owns 10,844 shares of the company’s stock worth $1,435,000 after acquiring an additional 77 shares during the period. Finally, Moors & Cabot Inc. raised its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.3% in the third quarter. Moors & Cabot Inc. now owns 6,569 shares of the company’s stock valued at $856,000 after acquiring an additional 84 shares in the last quarter.

About Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

(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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