Elmwood Wealth Management Inc. Increases Position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)

Elmwood Wealth Management Inc. raised its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 104.8% during the third quarter, HoldingsChannel reports. The firm owned 22,788 shares of the company’s stock after purchasing an additional 11,663 shares during the period. Elmwood Wealth Management Inc.’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $2,574,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Cetera Investment Advisers boosted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 811.3% in the 1st quarter. Cetera Investment Advisers now owns 836,239 shares of the company’s stock valued at $86,793,000 after purchasing an additional 744,471 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the second quarter valued at about $62,951,000. Retirement Planning Group LLC grew its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 14.2% during the second quarter. Retirement Planning Group LLC now owns 1,031,655 shares of the company’s stock valued at $110,336,000 after buying an additional 128,519 shares during the last quarter. Kings Path Partners LLC purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the second quarter worth about $12,939,000. Finally, RiverFront Investment Group LLC lifted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 5.1% in the 1st quarter. RiverFront Investment Group LLC now owns 2,328,921 shares of the company’s stock valued at $241,718,000 after acquiring an additional 113,086 shares during the last quarter.

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

GSLC traded up $0.76 on Monday, hitting $115.10. 63,640 shares of the company were exchanged, compared to its average volume of 258,304. The firm has a fifty day simple moving average of $109.69 and a two-hundred day simple moving average of $106.39. The stock has a market capitalization of $13.31 billion, a PE ratio of 22.89 and a beta of 0.98. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 12 month low of $80.74 and a 12 month high of $115.19.

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.