Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC – Get Free Report) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 50,147 shares, an increase of 68.4% from the September 30th total of 29,786 shares. Based on an average daily trading volume, of 206,789 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are sold short.
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Up 0.3%
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF stock opened at $144.17 on Wednesday. The company’s 50-day moving average price is $146.31 and its two-hundred day moving average price is $139.42. The stock has a market cap of $14.94 billion, a P/E ratio of 24.08 and a beta of 0.98. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a twelve month low of $121.12 and a twelve month high of $148.93.
Hedge Funds Weigh In On Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
Institutional investors and hedge funds have recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 18.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,182,271 shares of the company’s stock valued at $451,532,000 after acquiring an additional 503,551 shares during the period. HB Wealth Management LLC grew its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.6% during the 2nd quarter. HB Wealth Management LLC now owns 1,305,326 shares of the company’s stock worth $185,213,000 after purchasing an additional 56,976 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.0% during the 1st quarter. Cetera Investment Advisers now owns 1,012,508 shares of the company’s stock worth $126,695,000 after purchasing an additional 10,074 shares in the last quarter. Financial Management Professionals Inc. bought a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the third quarter worth $115,495,000. Finally, Royal Bank of Canada increased its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 7.1% in the first quarter. Royal Bank of Canada now owns 715,231 shares of the company’s stock worth $89,497,000 after purchasing an additional 47,539 shares during the period.
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.
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