Penney Financial LLC boosted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC – Free Report) by 1.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 477,721 shares of the company’s stock after acquiring an additional 5,077 shares during the quarter. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF makes up about 22.9% of Penney Financial LLC’s investment portfolio, making the stock its biggest position. Penney Financial LLC’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $59,777,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Quest 10 Wealth Builders Inc. bought a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the fourth quarter worth $26,000. EPG Wealth Management LLC bought a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 4th quarter valued at $27,000. Tsfg LLC lifted its stake 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 acquiring an additional 108 shares during the last quarter. Longview Financial Advisors Inc. acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 1st quarter valued at $29,000. Finally, Sunbelt Securities Inc. boosted its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 163.0% during 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.
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Price Performance
Shares of GSLC stock opened at $139.31 on Monday. The firm has a market capitalization of $15.27 billion, a P/E ratio of 24.08 and a beta of 0.99. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a twelve month low of $120.02 and a twelve month high of $144.46. The stock’s fifty day simple moving average is $139.95 and its 200 day simple moving average is $134.34.
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. GSLC was launched on Sep 21, 2015 and is managed by Goldman Sachs.
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