Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Sees Large Volume Increase – Still a Buy?

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) shares saw unusually-high trading volume on Monday . Approximately 351,538 shares changed hands during mid-day trading, an increase of 15% from the previous session’s volume of 304,575 shares.The stock last traded at $132.3610 and had previously closed at $132.41.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Trading Down 0.2%

The company has a 50-day simple moving average of $130.80 and a 200 day simple moving average of $126.39. The firm has a market cap of $14.91 billion, a PE ratio of 24.08 and a beta of 0.99.

Institutional Trading of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Transce3nd LLC purchased a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 2nd quarter worth approximately $26,000. IMA Advisory Services Inc. purchased a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 2nd quarter valued at $27,000. Compass Financial Services Inc acquired a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 2nd quarter worth $32,000. Kilter Group LLC purchased a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 2nd quarter worth $33,000. Finally, Atlantic Union Bankshares Corp purchased a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 2nd quarter worth $34,000.

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.