Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Sets New 1-Year High – Here’s What Happened

Shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $143.09 and last traded at $142.85, with a volume of 29081 shares trading hands. The stock had previously closed at $142.52.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Trading Up 0.1%

The firm has a market cap of $15.73 billion, a price-to-earnings ratio of 24.08 and a beta of 0.99. The company has a fifty day moving average price of $134.35 and a 200-day moving average price of $132.83.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

A number of large investors have recently bought and sold shares of GSLC. Brighton Jones LLC raised its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 11.2% in the 4th quarter. Brighton Jones LLC now owns 4,036 shares of the company’s stock worth $465,000 after purchasing an additional 406 shares during the period. Russell Investments Group Ltd. raised its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 341.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 4,061 shares of the company’s stock worth $493,000 after purchasing an additional 3,142 shares during the period. NewEdge Advisors LLC raised its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 145.5% in the 2nd quarter. NewEdge Advisors LLC now owns 66,641 shares of the company’s stock worth $8,089,000 after purchasing an additional 39,493 shares during the period. Quantinno Capital Management LP raised its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 22.0% in the 2nd quarter. Quantinno Capital Management LP now owns 13,498 shares of the company’s stock worth $1,638,000 after purchasing an additional 2,433 shares during the period. Finally, Raymond James Financial Inc. raised its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.6% in the 2nd quarter. Raymond James Financial Inc. now owns 1,136,561 shares of the company’s stock worth $137,956,000 after purchasing an additional 7,293 shares during the period.

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.