Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC – Get Free Report) was the target of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 29,328 shares, a decrease of 41.4% from the July 30th total of 50,024 shares. Based on an average trading volume of 318,950 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Down 0.4%
Shares of NYSEARCA GSLC traded down $0.62 during mid-day trading on Monday, reaching $146.22. 91,183 shares of the company were exchanged, compared to its average volume of 318,949. The company’s 50-day simple moving average is $143.84 and its 200-day simple moving average is $137.84. The stock has a market capitalization of $15.37 billion, a P/E ratio of 24.08 and a beta of 0.99. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a twelve month low of $121.12 and a twelve month high of $148.93.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in GSLC. Signature Estate & Investment Advisors LLC increased its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 20.3% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 5,324,452 shares of the company’s stock worth $704,798,000 after purchasing an additional 899,397 shares during the period. Axxcess Wealth Management LLC lifted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 208.1% in the 4th quarter. Axxcess Wealth Management LLC now owns 822,567 shares of the company’s stock valued at $108,883,000 after purchasing an additional 555,618 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.1% during the 4th 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. AQR Capital Management LLC boosted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1,113.8% during the second quarter. AQR Capital Management LLC now owns 250,514 shares of the company’s stock valued at $30,407,000 after purchasing an additional 229,875 shares in the last quarter. Finally, Targeted Financial Services LLC bought a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter worth approximately $24,487,000.
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Company Profile
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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