Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Sets New 1-Year High – Here’s Why

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) hit a new 52-week high during trading on Wednesday . The stock traded as high as $116.16 and last traded at $116.16, with a volume of 7745 shares traded. The stock had previously closed at $113.77.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Trading Up 0.5 %

The stock’s 50 day moving average price is $112.33 and its two-hundred day moving average price is $108.01. The firm has a market capitalization of $13.67 billion, a price-to-earnings ratio of 22.89 and a beta of 0.98.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

Institutional investors have recently modified their holdings of the company. First Horizon Advisors Inc. raised its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 3.7% during the 3rd quarter. First Horizon Advisors Inc. now owns 2,374 shares of the company’s stock worth $268,000 after buying an additional 85 shares during the last quarter. Kraft Davis & Associates LLC raised its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.7% during the third quarter. Kraft Davis & Associates LLC now owns 4,244 shares of the company’s stock worth $477,000 after acquiring an additional 192 shares during the last quarter. OneAscent Wealth Management LLC acquired a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the third quarter worth about $418,000. Accredited Investors Inc. purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the third quarter valued at about $325,000. Finally, Signature Estate & Investment Advisors LLC lifted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.6% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 4,231,556 shares of the company’s stock valued at $477,912,000 after buying an additional 26,706 shares in the last quarter.

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