NewEdge Advisors LLC Acquires 13,836 Shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

NewEdge Advisors LLC increased its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 19.9% in the first quarter, HoldingsChannel reports. The firm owned 83,500 shares of the company’s stock after purchasing an additional 13,836 shares during the period. NewEdge Advisors LLC’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $10,448,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of GSLC. Asset Dedication LLC lifted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 236.4% in the first quarter. Asset Dedication LLC now owns 740 shares of the company’s stock worth $93,000 after buying an additional 520 shares during the last quarter. January Capital Advisors LLC acquired a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 1st quarter valued at about $387,000. SOA Wealth Advisors LLC. raised its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 19.0% in the 1st quarter. SOA Wealth Advisors LLC. now owns 450 shares of the company’s stock valued at $56,000 after acquiring an additional 72 shares in the last quarter. Western Wealth Management LLC raised its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 9.2% in the 1st quarter. Western Wealth Management LLC now owns 4,438 shares of the company’s stock valued at $555,000 after acquiring an additional 375 shares in the last quarter. Finally, Hamilton Wealth LLC lifted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 207.2% in the 1st quarter. Hamilton Wealth LLC now owns 39,441 shares of the company’s stock worth $4,935,000 after purchasing an additional 26,604 shares during the last quarter.

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

GSLC opened at $147.87 on Monday. The firm has a market cap of $15.54 billion, a P/E ratio of 24.08 and a beta of 0.99. The business has a 50 day moving average price of $142.24 and a 200 day moving average price of $136.36. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a twelve month low of $121.12 and a twelve month high of $148.23.

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.