Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC Stake Raised by Riverpoint Wealth Management Holdings LLC

Riverpoint Wealth Management Holdings LLC lifted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 0.7% during the first quarter, HoldingsChannel.com reports. The firm owned 646,369 shares of the company’s stock after purchasing an additional 4,307 shares during the period. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF accounts for about 17.2% of Riverpoint Wealth Management Holdings LLC’s portfolio, making the stock its largest position. Riverpoint Wealth Management Holdings LLC’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $80,880,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Wells Fargo & Company MN lifted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.6% in the fourth quarter. Wells Fargo & Company MN now owns 28,018,723 shares of the company’s stock valued at $3,708,838,000 after purchasing an additional 172,810 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,077,759 shares of the company’s stock valued at $936,883,000 after buying an additional 277,601 shares in the last quarter. Betterment LLC increased its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 2.7% in the fourth quarter. Betterment LLC now owns 6,005,716 shares of the company’s stock valued at $794,977,000 after buying an additional 157,867 shares in the last quarter. Signature Estate & Investment Advisors LLC lifted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 20.3% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 5,324,452 shares of the company’s stock valued at $704,798,000 after acquiring an additional 899,397 shares during the period. Finally, LPL Financial LLC lifted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 3.1% during the 4th quarter. LPL Financial LLC now owns 3,163,844 shares of the company’s stock valued at $418,798,000 after acquiring an additional 95,530 shares during the period.

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

Shares of NYSEARCA:GSLC opened at $142.81 on Tuesday. The business’s 50 day simple moving average is $141.30 and its 200-day simple moving average is $135.09. The firm has a market capitalization of $15.48 billion, a price-to-earnings ratio of 24.08 and a beta of 0.99. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 12 month low of $120.99 and a 12 month high of $144.46.

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.