Retirement Planning Group LLC Sells 71,716 Shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

Retirement Planning Group LLC reduced its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 28.0% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 184,581 shares of the company’s stock after selling 71,716 shares during the period. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF accounts for approximately 0.8% of Retirement Planning Group LLC’s portfolio, making the stock its 23rd largest holding. Retirement Planning Group LLC owned approximately 0.16% of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF worth $24,047,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Betterment LLC increased its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 5.5% in the second quarter. Betterment LLC now owns 5,599,651 shares of the company’s stock worth $679,686,000 after purchasing an additional 293,773 shares in the last quarter. Signature Estate & Investment Advisors LLC boosted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 3.1% in the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 4,463,502 shares of the company’s stock worth $541,780,000 after buying an additional 134,525 shares during the period. Bank of America Corp DE grew its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.5% in the 2nd quarter. Bank of America Corp DE now owns 3,069,380 shares of the company’s stock valued at $372,561,000 after buying an additional 14,917 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 2.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,491,025 shares of the company’s stock valued at $302,361,000 after acquiring an additional 55,579 shares during the period. Finally, RiverFront Investment Group LLC lifted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.9% during the second quarter. RiverFront Investment Group LLC now owns 1,807,277 shares of the company’s stock worth $219,367,000 after acquiring an additional 16,820 shares in the last quarter.

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

Shares of GSLC opened at $134.46 on Wednesday. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 52-week low of $94.88 and a 52-week high of $134.87. The stock’s 50-day simple moving average is $131.98 and its 200 day simple moving average is $128.77. The stock has a market capitalization of $15.21 billion, a price-to-earnings ratio of 24.08 and a beta of 0.99.

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.