Royal Bank of Canada Sells 13,809 Shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF $GLOV

Royal Bank of Canada reduced its position in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) by 61.5% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 8,648 shares of the company’s stock after selling 13,809 shares during the quarter. Royal Bank of Canada’s holdings in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF were worth $487,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its holdings in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 8,716.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 4,114,724 shares of the company’s stock valued at $237,584,000 after buying an additional 4,068,053 shares during the last quarter. Jane Street Group LLC grew its stake in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 923.4% in the fourth quarter. Jane Street Group LLC now owns 78,034 shares of the company’s stock worth $4,506,000 after acquiring an additional 70,409 shares during the last quarter. Keebeck Wealth Management raised its stake in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 134.4% during the 3rd quarter. Keebeck Wealth Management now owns 23,713 shares of the company’s stock valued at $1,351,000 after purchasing an additional 13,596 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF in the 3rd quarter worth $558,000. Finally, Flow Traders U.S. LLC bought a new position in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF during the 3rd quarter worth about $400,000.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Stock Performance

Shares of GLOV opened at $59.31 on Wednesday. The company has a 50-day simple moving average of $59.32 and a 200-day simple moving average of $59.31. Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF has a 52 week low of $50.70 and a 52 week high of $59.52. The firm has a market capitalization of $1.43 billion, a P/E ratio of 19.52 and a beta of 0.74.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Company Profile

The Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF (GLOV) is an exchange-traded fund that mostly invests in total market equity. The fund selects large- and mid-cap stocks in developed markets based on four factors: value, momentum, quality and an emphasis on low volatility. GLOV was launched on Mar 15, 2022 and is managed by Goldman Sachs.