Independent Financial Group LLC Invests $5.68 Million in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

Independent Financial Group LLC bought a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 45,431 shares of the company’s stock, valued at approximately $5,685,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Quest 10 Wealth Builders Inc. acquired a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 4th quarter valued at about $26,000. EPG Wealth Management LLC purchased a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the fourth quarter valued at approximately $27,000. Tsfg LLC lifted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 112.5% during the fourth quarter. Tsfg LLC now owns 204 shares of the company’s stock valued at $27,000 after buying an additional 108 shares in the last quarter. Longview Financial Advisors Inc. acquired a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the first quarter valued at approximately $29,000. Finally, Sunbelt Securities Inc. grew its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 163.0% during the third quarter. Sunbelt Securities Inc. now owns 263 shares of the company’s stock worth $34,000 after buying an additional 163 shares during the period.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Down 0.9%

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF stock opened at $141.82 on Friday. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 52-week low of $121.12 and a 52-week high of $144.46. The firm has a fifty day moving average of $141.60 and a 200-day moving average of $135.33. The firm has a market capitalization of $15.32 billion, a P/E ratio of 24.08 and a beta of 0.99.

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