Silicon Valley Capital Partners Decreases Position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

Silicon Valley Capital Partners trimmed its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 3.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 131,175 shares of the company’s stock after selling 4,233 shares during the period. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF comprises about 1.6% of Silicon Valley Capital Partners’ portfolio, making the stock its 18th largest holding. Silicon Valley Capital Partners owned approximately 0.12% of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF worth $16,414,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Brighton Jones LLC boosted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 11.2% in the fourth quarter. Brighton Jones LLC now owns 4,036 shares of the company’s stock worth $465,000 after acquiring an additional 406 shares during the last quarter. Russell Investments Group Ltd. raised its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 341.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 4,061 shares of the company’s stock valued at $493,000 after purchasing an additional 3,142 shares during the last quarter. NewEdge Advisors LLC raised its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 145.5% in the 2nd quarter. NewEdge Advisors LLC now owns 66,641 shares of the company’s stock valued at $8,089,000 after purchasing an additional 39,493 shares during the last quarter. Quantinno Capital Management LP raised its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 22.0% in the 2nd quarter. Quantinno Capital Management LP now owns 13,498 shares of the company’s stock valued at $1,638,000 after purchasing an additional 2,433 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.6% in the 2nd quarter. Raymond James Financial Inc. now owns 1,136,561 shares of the company’s stock valued at $137,956,000 after purchasing an additional 7,293 shares in the last quarter.

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

Shares of GSLC opened at $141.98 on Friday. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 52-week low of $121.12 and a 52-week high of $144.46. The firm’s fifty day moving average is $141.82 and its two-hundred day moving average is $135.86. The stock has a market cap of $14.92 billion, a PE ratio of 24.08 and a beta of 0.99.

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.