Cornerstone Advisory LLC Has $28.14 Million Stock Position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)

Cornerstone Advisory LLC decreased its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 2.6% in the 4th quarter, HoldingsChannel reports. The fund owned 234,592 shares of the company’s stock after selling 6,299 shares during the period. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF makes up about 3.2% of Cornerstone Advisory LLC’s holdings, making the stock its 6th biggest holding. Cornerstone Advisory LLC’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $28,144,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Wells Fargo & Company MN increased its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 5.9% during the fourth quarter. Wells Fargo & Company MN now owns 29,664,957 shares of the company’s stock valued at $3,416,810,000 after acquiring an additional 1,652,391 shares in the last quarter. Betterment LLC boosted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 2.3% during the fourth quarter. Betterment LLC now owns 5,346,182 shares of the company’s stock valued at $615,773,000 after buying an additional 122,531 shares during the last quarter. Signature Estate & Investment Advisors LLC boosted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.5% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 4,252,052 shares of the company’s stock valued at $489,751,000 after buying an additional 20,496 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.9% during the fourth quarter. Bank of America Corp DE now owns 3,059,704 shares of the company’s stock valued at $352,417,000 after buying an additional 58,095 shares during the last quarter. Finally, LPL Financial LLC boosted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.1% during the fourth quarter. LPL Financial LLC now owns 2,848,039 shares of the company’s stock valued at $328,037,000 after buying an additional 31,942 shares during the last quarter.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Down 1.8%

Shares of NYSEARCA:GSLC opened at $114.83 on Thursday. The stock has a market cap of $13.05 billion, a price-to-earnings ratio of 23.79 and a beta of 1.00. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 12-month low of $94.88 and a 12-month high of $121.00. The business’s 50 day moving average is $109.00 and its 200 day moving average is $114.38.

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.