Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Sees Significant Decrease in Short Interest

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) saw a significant decrease in short interest in August. As of August 14th, there was short interest totaling 29,328 shares, a decrease of 41.4% from the July 30th total of 50,024 shares. Based on an average daily volume of 318,950 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

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

Shares of GSLC traded down $1.00 during midday trading on Tuesday, hitting $145.34. 210,832 shares of the stock were exchanged, compared to its average volume of 319,164. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 52-week low of $121.12 and a 52-week high of $148.93. The stock has a fifty day simple moving average of $143.94 and a 200 day simple moving average of $137.93. The firm has a market cap of $15.28 billion, a P/E ratio of 24.08 and a beta of 0.99.

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

Several institutional investors have recently bought and sold shares of the company. SOA Wealth Advisors LLC. lifted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 19.0% during the first quarter. SOA Wealth Advisors LLC. now owns 450 shares of the company’s stock worth $56,000 after purchasing an additional 72 shares in the last quarter. Cassaday & Co Wealth Management LLC increased its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.4% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 19,835 shares of the company’s stock worth $2,482,000 after buying an additional 75 shares during the period. KCM Investment Advisors LLC increased its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.9% during the 1st quarter. KCM Investment Advisors LLC now owns 3,980 shares of the company’s stock worth $498,000 after buying an additional 75 shares during the period. Advisory Services Network LLC lifted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.7% during the 4th quarter. Advisory Services Network LLC now owns 10,844 shares of the company’s stock worth $1,435,000 after buying an additional 77 shares in the last quarter. Finally, Moors & Cabot Inc. lifted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.3% during the 3rd quarter. Moors & Cabot Inc. now owns 6,569 shares of the company’s stock worth $856,000 after buying an additional 84 shares in the last quarter.

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.