Sowell Financial Services LLC Acquires 2,188 Shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)

Sowell Financial Services LLC lifted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 17.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,585 shares of the company’s stock after purchasing an additional 2,188 shares during the quarter. Sowell Financial Services LLC’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $1,606,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Heritage Wealth Advisors purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 4th quarter worth about $29,000. Alexis Investment Partners LLC purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 4th quarter worth about $35,000. Millstone Evans Group LLC purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 4th quarter worth about $36,000. Rialto Wealth Management LLC purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 4th quarter worth about $40,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 4th quarter worth about $49,000.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Trading Down 0.8%

GSLC opened at $117.24 on Wednesday. The stock has a 50-day moving average price of $112.31 and a 200-day moving average price of $114.27. 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 stock has a market capitalization of $13.37 billion, a P/E 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.