Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC – Get Free Report) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 29,328 shares, a decrease of 41.4% from the July 30th total of 50,024 shares. Based on an average daily trading volume, of 318,950 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.
Hedge Funds Weigh In On Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Tsfg LLC grew its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 112.5% in the 4th quarter. Tsfg LLC now owns 204 shares of the company’s stock valued at $27,000 after buying an additional 108 shares during the period. Arlington Trust Co LLC bought a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 2nd quarter valued at approximately $28,000. Longview Financial Advisors Inc. acquired a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the first quarter worth $29,000. Sunbelt Securities Inc. grew its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 163.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 263 shares of the company’s stock valued at $34,000 after acquiring an additional 163 shares in the last quarter. Finally, Triumph Capital Management bought a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the third quarter valued at approximately $48,000.
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Trading Down 0.4%
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF stock traded down $0.62 during mid-day trading on Monday, hitting $146.22. The stock had a trading volume of 91,183 shares, compared to its average volume of 318,949. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 12 month low of $121.12 and a 12 month high of $148.93. The stock has a market capitalization of $15.37 billion, a PE ratio of 24.08 and a beta of 0.99. The stock has a 50-day simple moving average of $143.84 and a two-hundred day simple moving average of $137.84.
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.
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