Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $49.14 and traded as high as $52.21. Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF shares last traded at $51.67, with a volume of 80,287 shares.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Stock Performance

The firm’s 50-day moving average price is $50.83 and its two-hundred day moving average price is $49.14. The firm has a market cap of $966.15 million, a PE ratio of 20.57 and a beta of 0.70.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of GLOV. National Bank of Canada FI increased its position in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 60.8% during the second quarter. National Bank of Canada FI now owns 817 shares of the company’s stock worth $38,000 after purchasing an additional 309 shares in the last quarter. Maia Wealth LLC acquired a new position in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF during the second quarter worth approximately $230,000. Empirical Asset Management LLC lifted its stake in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 180.7% in the third quarter. Empirical Asset Management LLC now owns 23,522 shares of the company’s stock valued at $1,195,000 after buying an additional 15,143 shares during the last quarter. CoreCap Advisors LLC acquired a new stake in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF in the second quarter valued at approximately $1,848,000. Finally, Cetera Investment Advisers grew its position in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 2.9% during the second quarter. Cetera Investment Advisers now owns 60,635 shares of the company’s stock worth $2,840,000 after acquiring an additional 1,723 shares during the last quarter.

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.