Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Shares Shorted: Short Interest Up 244.9% in September

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 93,950 shares, a growth of 244.9% from the August 31st total of 27,242 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 190,934 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Envestnet Asset Management Inc. boosted its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 18.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,182,271 shares of the company’s stock valued at $451,532,000 after acquiring an additional 503,551 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,077,759 shares of the company’s stock valued at $936,883,000 after purchasing an additional 277,601 shares during the period. Targeted Financial Services LLC acquired a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the fourth quarter valued at $24,487,000. Wells Fargo & Company MN boosted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.6% in the fourth quarter. Wells Fargo & Company MN now owns 28,018,723 shares of the company’s stock valued at $3,708,838,000 after purchasing an additional 172,810 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 3.1% in the fourth quarter. LPL Financial LLC now owns 3,163,844 shares of the company’s stock valued at $418,798,000 after purchasing an additional 95,530 shares during the last quarter.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Trading Up 0.5%

Shares of GSLC stock traded up $0.80 during mid-day trading on Friday, reaching $146.63. The stock had a trading volume of 273,089 shares, compared to its average volume of 308,397. The business’s fifty day moving average is $145.51 and its 200-day moving average is $139.76. The firm has a market cap of $15.23 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 1-year low of $121.12 and a 1-year high of $148.93.

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.