Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Sets New 52-Week High – Here’s What Happened

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $133.53 and last traded at $133.26, with a volume of 237764 shares changing hands. The stock had previously closed at $132.39.

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

The stock has a market capitalization of $14.94 billion, a P/E ratio of 24.08 and a beta of 0.99. The business has a fifty day simple moving average of $130.80 and a 200-day simple moving average of $126.24.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Betterment LLC boosted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.4% during the 3rd quarter. Betterment LLC now owns 5,847,849 shares of the company’s stock worth $761,858,000 after acquiring an additional 248,198 shares during the last quarter. Signature Estate & Investment Advisors LLC lifted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 3.1% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 4,463,502 shares of the company’s stock valued at $541,780,000 after buying an additional 134,525 shares during the last quarter. Bank of America Corp DE boosted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.5% during the second quarter. Bank of America Corp DE now owns 3,069,380 shares of the company’s stock worth $372,561,000 after purchasing an additional 14,917 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.8% in the third quarter. Envestnet Asset Management Inc. now owns 2,511,829 shares of the company’s stock worth $327,241,000 after acquiring an additional 20,804 shares during the period. Finally, RiverFront Investment Group LLC boosted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.9% in the 2nd quarter. RiverFront Investment Group LLC now owns 1,807,277 shares of the company’s stock valued at $219,367,000 after purchasing an additional 16,820 shares during the period.

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.