Short Interest in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Declines By 37.7%

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) saw a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 64,390 shares, a drop of 37.7% from the June 30th total of 103,383 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 355,654 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

Large investors have recently modified their holdings of the company. Signature Estate & Investment Advisors LLC grew its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 20.3% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 5,324,452 shares of the company’s stock worth $704,798,000 after purchasing an additional 899,397 shares during the period. Axxcess Wealth Management LLC lifted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 208.1% during the fourth quarter. Axxcess Wealth Management LLC now owns 822,567 shares of the company’s stock valued at $108,883,000 after buying an additional 555,618 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,077,759 shares of the company’s stock valued at $936,883,000 after buying an additional 277,601 shares in the last quarter. AQR Capital Management LLC grew its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1,113.8% during the second quarter. AQR Capital Management LLC now owns 250,514 shares of the company’s stock worth $30,407,000 after buying an additional 229,875 shares during the period. Finally, Leo Wealth LLC grew its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 89.5% during the fourth quarter. Leo Wealth LLC now owns 459,182 shares of the company’s stock worth $60,807,000 after buying an additional 216,826 shares during the period.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Up 1.2%

Shares of GSLC stock traded up $1.75 on Thursday, reaching $141.98. 183,889 shares of the stock were exchanged, compared to its average volume of 331,011. The stock has a market cap of $14.92 billion, a P/E ratio of 24.08 and a beta of 0.99. The firm has a 50 day moving average of $141.80 and a two-hundred day moving average of $135.81. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 1-year low of $121.12 and a 1-year high of $144.46.

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. GSLC was launched on Sep 21, 2015 and is managed by Goldman Sachs.