Sowell Financial Services LLC Buys 85,612 Shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

Sowell Financial Services LLC purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 85,612 shares of the company’s stock, valued at approximately $12,417,000. Sowell Financial Services LLC owned 0.08% of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Farmers & Merchants Investments Inc. purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 3rd quarter valued at about $1,588,000. Wedbush Securities Inc. purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the third quarter valued at approximately $972,000. Private Wealth Partners LLC acquired a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the third quarter worth $621,000. Indiana Trust & Investment Management Co acquired a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the third quarter worth $60,000. Finally, Brookstone Capital Management purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the third quarter valued at $254,000.

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

NYSEARCA:GSLC opened at $147.33 on Thursday. The firm has a 50-day moving average of $146.43 and a two-hundred day moving average of $139.21. The stock has a market cap of $15.26 billion, a P/E ratio of 24.08 and a beta of 0.99. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 1-year low of $121.12 and a 1-year high of $148.93.

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.