JPMorgan Chase & Co. Trims Position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

JPMorgan Chase & Co. decreased its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 4.2% in the third quarter, HoldingsChannel.com reports. The fund owned 335,471 shares of the company’s stock after selling 14,602 shares during the period. JPMorgan Chase & Co.’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $43,705,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in GSLC. Betterment LLC lifted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 5.5% in the 2nd quarter. Betterment LLC now owns 5,599,651 shares of the company’s stock worth $679,686,000 after purchasing an additional 293,773 shares during the period. AQR Capital Management LLC increased its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1,113.8% during the second quarter. AQR Capital Management LLC now owns 250,514 shares of the company’s stock valued at $30,407,000 after buying an additional 229,875 shares during the period. AlphaCore Capital LLC raised its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 15,747.7% in the second quarter. AlphaCore Capital LLC now owns 140,252 shares of the company’s stock worth $17,024,000 after buying an additional 139,367 shares in the last quarter. Goldstein Advisors LLC lifted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 18.0% in the third quarter. Goldstein Advisors LLC now owns 659,356 shares of the company’s stock worth $85,901,000 after buying an additional 100,549 shares during the period. Finally, IAG Wealth Partners LLC lifted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 29.8% in the second quarter. IAG Wealth Partners LLC now owns 360,800 shares of the company’s stock worth $43,794,000 after buying an additional 82,884 shares during the period.

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

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF stock opened at $133.01 on Friday. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a fifty-two week low of $94.88 and a fifty-two week high of $134.87. The stock’s 50 day simple moving average is $133.12 and its two-hundred day simple moving average is $130.83. The stock has a market cap of $14.76 billion, a price-to-earnings 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.