Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Short Interest Down 35.2% in June

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) was the target of a large drop in short interest in June. As of June 30th, there was short interest totaling 103,383 shares, a drop of 35.2% from the June 15th total of 159,492 shares. Based on an average daily trading volume, of 189,607 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are short sold.

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

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF stock opened at $141.82 on Friday. The stock has a market cap of $15.32 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 1 year low of $121.12 and a 1 year high of $144.46. The firm’s 50 day moving average price is $141.60 and its 200-day moving average price is $135.33.

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

Several institutional investors have recently bought and sold shares of the stock. Quest 10 Wealth Builders Inc. bought a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter valued at about $26,000. EPG Wealth Management LLC purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the fourth quarter valued at about $27,000. Tsfg LLC increased its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 112.5% in the fourth quarter. Tsfg LLC now owns 204 shares of the company’s stock worth $27,000 after purchasing an additional 108 shares during the last quarter. Arlington Trust Co LLC bought a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the second quarter worth about $28,000. Finally, Longview Financial Advisors Inc. bought a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the first quarter worth about $29,000.

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