Ticino Wealth Makes New $10.21 Million Investment in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

Ticino Wealth purchased a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 77,145 shares of the company’s stock, valued at approximately $10,212,000. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF accounts for 3.8% of Ticino Wealth’s investment portfolio, making the stock its 3rd biggest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in GSLC. Betterment LLC grew its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.4% in the 3rd quarter. Betterment LLC now owns 5,847,849 shares of the company’s stock worth $761,858,000 after buying an additional 248,198 shares in the last quarter. AQR Capital Management LLC boosted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1,113.8% during the 2nd quarter. AQR Capital Management LLC now owns 250,514 shares of the company’s stock worth $30,407,000 after acquiring an additional 229,875 shares during the period. Leo Wealth LLC grew its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 89.5% in the fourth quarter. Leo Wealth LLC now owns 459,182 shares of the company’s stock worth $60,807,000 after purchasing an additional 216,826 shares in the last quarter. Goldstein Advisors LLC increased its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 18.0% during the third quarter. Goldstein Advisors LLC now owns 659,356 shares of the company’s stock valued at $85,901,000 after purchasing an additional 100,549 shares during the period. Finally, HB Wealth Management LLC raised its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 7.2% during the third quarter. HB Wealth Management LLC now owns 1,148,037 shares of the company’s stock valued at $149,566,000 after purchasing an additional 76,936 shares in the last quarter.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Price Performance

GSLC stock opened at $136.20 on Tuesday. The company has a market capitalization of $14.93 billion, a P/E ratio of 24.08 and a beta of 1.00. The company has a 50-day simple moving average of $129.81 and a 200 day simple moving average of $131.16. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a fifty-two week low of $100.36 and a fifty-two week high of $136.79.

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.