Sterling Financial Group Inc. Buys 19,324 Shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)

Sterling Financial Group Inc. lifted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 5.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 352,450 shares of the company’s stock after purchasing an additional 19,324 shares during the quarter. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF accounts for about 14.0% of Sterling Financial Group Inc.’s portfolio, making the stock its largest position. Sterling Financial Group Inc. owned about 0.31% of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF worth $38,798,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. Wells Fargo & Company MN raised its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 5.9% in 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 purchasing an additional 1,652,391 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the fourth quarter valued at approximately $130,942,000. Lifelong Wealth Advisors Inc. bought a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 4th quarter valued at approximately $61,756,000. GAMMA Investing LLC boosted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 10,908.0% during the 1st quarter. GAMMA Investing LLC now owns 263,972 shares of the company’s stock worth $29,058,000 after buying an additional 261,574 shares during the period. Finally, Betterment LLC boosted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 2.3% during the 4th quarter. Betterment LLC now owns 5,346,182 shares of the company’s stock worth $615,773,000 after buying an additional 122,531 shares during the period.

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

GSLC opened at $118.05 on Thursday. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a fifty-two week low of $94.88 and a fifty-two week high of $121.00. The company’s 50 day moving average price is $110.92 and its two-hundred day moving average price is $114.35. The firm has a market capitalization of $13.46 billion, a price-to-earnings ratio of 23.79 and a beta of 1.00.

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.