Targeted Financial Services LLC Makes New $24.49 Million Investment in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

Targeted Financial Services LLC bought a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 184,990 shares of the company’s stock, valued at approximately $24,487,000. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF makes up approximately 21.1% of Targeted Financial Services LLC’s portfolio, making the stock its biggest holding. Targeted Financial Services LLC owned 0.17% of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC boosted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 11.2% in the 4th quarter. Brighton Jones LLC now owns 4,036 shares of the company’s stock worth $465,000 after purchasing an additional 406 shares in the last quarter. Russell Investments Group Ltd. grew its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 341.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,061 shares of the company’s stock valued at $493,000 after purchasing an additional 3,142 shares during the last quarter. NewEdge Advisors LLC increased its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 145.5% during the 2nd quarter. NewEdge Advisors LLC now owns 66,641 shares of the company’s stock valued at $8,089,000 after purchasing an additional 39,493 shares in the last quarter. Quantinno Capital Management LP increased its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 22.0% during the 2nd quarter. Quantinno Capital Management LP now owns 13,498 shares of the company’s stock valued at $1,638,000 after purchasing an additional 2,433 shares in the last quarter. Finally, Raymond James Financial Inc. raised its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.6% in the second quarter. Raymond James Financial Inc. now owns 1,136,561 shares of the company’s stock worth $137,956,000 after buying an additional 7,293 shares during the last quarter.

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

Shares of NYSEARCA GSLC opened at $141.89 on Friday. The firm’s 50 day moving average price is $139.17 and its 200-day moving average price is $134.06. The company has a market cap of $15.55 billion, a PE ratio of 24.08 and a beta of 0.99. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 52-week low of $116.62 and a 52-week high of $144.46.

About Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

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.