364,515 Shares in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC Acquired by Droms Strauss Advisors Inc. MO ADV

Droms Strauss Advisors Inc. MO ADV bought a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 364,515 shares of the company’s stock, valued at approximately $52,869,000. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF comprises about 12.2% of Droms Strauss Advisors Inc. MO ADV’s portfolio, making the stock its 2nd biggest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Montecito Bank & Trust purchased a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 3rd quarter valued at about $1,211,000. HB Wealth Management LLC boosted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.6% during the second quarter. HB Wealth Management LLC now owns 1,305,326 shares of the company’s stock worth $185,213,000 after buying an additional 56,976 shares during the period. Silicon Valley Capital Partners boosted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 5.4% during the second quarter. Silicon Valley Capital Partners now owns 138,245 shares of the company’s stock worth $19,616,000 after buying an additional 7,070 shares during the period. Advisory Solutions Group LLC purchased a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the second quarter worth about $575,000. Finally, Envestnet Portfolio Solutions Inc. increased its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 31.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 240,491 shares of the company’s stock valued at $34,123,000 after acquiring an additional 57,504 shares during the last quarter.

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

Shares of GSLC stock traded up $0.14 during trading hours on Friday, hitting $140.91. The company had a trading volume of 236,429 shares, compared to its average volume of 295,891. The stock has a market capitalization of $14.95 billion, a PE ratio of 24.08 and a beta of 0.98. The company’s fifty day moving average is $146.08 and its 200 day moving average is $139.57. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a fifty-two week low of $121.12 and a fifty-two week high of $148.93.

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.