OneDigital Investment Advisors LLC Cuts Stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)
by Jessica Moore · The Cerbat GemOneDigital Investment Advisors LLC reduced its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC – Free Report) by 0.4% in the third quarter, Holdings Channel reports. The fund owned 760,097 shares of the company’s stock after selling 2,908 shares during the quarter. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF accounts for about 1.0% of OneDigital Investment Advisors LLC’s portfolio, making the stock its 21st largest position. OneDigital Investment Advisors LLC’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $85,845,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently modified their holdings of GSLC. Oppenheimer & Co. Inc. raised its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 10.7% during the 1st quarter. Oppenheimer & Co. Inc. now owns 2,764 shares of the company’s stock valued at $287,000 after purchasing an additional 267 shares during the period. Kingsview Wealth Management LLC grew its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 45.9% in the 1st quarter. Kingsview Wealth Management LLC now owns 6,287 shares of the company’s stock worth $653,000 after buying an additional 1,977 shares in the last quarter. First Foundation Advisors raised its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 8.8% during the 1st quarter. First Foundation Advisors now owns 489,165 shares of the company’s stock valued at $50,770,000 after buying an additional 39,669 shares in the last quarter. Spirepoint Private Client LLC bought a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 1st quarter worth $1,601,000. Finally, ESL Trust Services LLC purchased a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the first quarter worth $50,000.
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Price Performance
NYSEARCA GSLC traded down $0.44 during trading hours on Thursday, reaching $117.73. 108,169 shares of the stock traded hands, compared to its average volume of 254,086. The stock has a 50 day simple moving average of $113.02 and a two-hundred day simple moving average of $108.59. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 1 year low of $88.20 and a 1 year high of $118.73. The company has a market cap of $13.61 billion, a price-to-earnings ratio of 22.89 and a beta of 0.98.
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.
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