Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Sets New 12-Month High – Time to Buy?
by Doug Wharley · The Cerbat GemGoldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC – Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as $133.87 and last traded at $133.8890, with a volume of 54977 shares traded. The stock had previously closed at $133.62.
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Price Performance
The stock has a market capitalization of $15.13 billion, a price-to-earnings ratio of 24.08 and a beta of 0.99. The firm’s fifty day moving average is $131.17 and its 200-day moving average is $127.14.
Institutional Trading of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Transce3nd LLC bought a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 2nd quarter valued at approximately $26,000. IMA Advisory Services Inc. acquired a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the second quarter worth $27,000. Compass Financial Services Inc bought a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the second quarter valued at $32,000. Kilter Group LLC acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the second quarter worth $33,000. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 2nd quarter valued at about $34,000.
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.