Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Short Interest Update
by Danessa Lincoln · The Markets DailyGoldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC – Get Free Report) was the target of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 29,328 shares, a decrease of 41.4% from the July 30th total of 50,024 shares. Based on an average daily trading volume, of 318,950 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Trading Up 0.6%
NYSEARCA GSLC traded up $0.84 during trading on Wednesday, reaching $146.18. The company’s stock had a trading volume of 74,811 shares, compared to its average volume of 317,480. The firm has a market capitalization of $15.36 billion, a price-to-earnings ratio of 24.08 and a beta of 0.99. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 12 month low of $121.12 and a 12 month high of $148.93. The firm has a 50 day moving average price of $144.05 and a 200 day moving average price of $138.02.
Hedge Funds Weigh In On Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
A number of hedge funds have recently made changes to their positions in GSLC. Tsfg LLC boosted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 112.5% during the fourth quarter. Tsfg LLC now owns 204 shares of the company’s stock worth $27,000 after acquiring an additional 108 shares in the last quarter. Arlington Trust Co LLC bought a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 2nd quarter worth $28,000. Longview Financial Advisors Inc. acquired a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 1st quarter valued at $29,000. Sunbelt Securities Inc. increased its stake in 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 purchasing an additional 163 shares in the last quarter. Finally, Triumph Capital Management bought a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 3rd quarter valued at $48,000.
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. GSLC was launched on Sep 21, 2015 and is managed by Goldman Sachs.
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