Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Short Interest Up 36.9% in May

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) was the recipient of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 98,000 shares, an increase of 36.9% from the May 15th total of 71,600 shares. Based on an average daily volume of 287,900 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

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

Several institutional investors and hedge funds have recently modified their holdings of the stock. Advisors Capital Management LLC grew its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 30.2% during the 1st quarter. Advisors Capital Management LLC now owns 17,318 shares of the company’s stock valued at $1,906,000 after purchasing an additional 4,019 shares in the last quarter. Focus Partners Wealth boosted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1,657.3% in the 1st quarter. Focus Partners Wealth now owns 86,810 shares of the company’s stock valued at $9,556,000 after buying an additional 81,870 shares during the last quarter. HFM Investment Advisors LLC acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the first quarter valued at about $36,000. Signature Estate & Investment Advisors LLC increased its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.8% during the first quarter. Signature Estate & Investment Advisors LLC now owns 4,328,977 shares of the company’s stock worth $476,534,000 after acquiring an additional 76,925 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC lifted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 22.6% in the first quarter. Ashton Thomas Private Wealth LLC now owns 44,477 shares of the company’s stock worth $4,896,000 after acquiring an additional 8,206 shares in the last quarter.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Trading Up 1.1%

Shares of NYSEARCA GSLC opened at $118.13 on Tuesday. The stock has a fifty day moving average price of $112.10 and a 200 day moving average price of $114.25. 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 company has a market cap of $13.47 billion, a P/E ratio of 23.79 and a beta of 1.00.

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.