Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Reaches New 52-Week High – Here’s What Happened

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $134.87 and last traded at $134.7760, with a volume of 254545 shares changing hands. The stock had previously closed at $134.58.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Trading Up 0.1%

The stock has a market capitalization of $15.29 billion, a P/E ratio of 24.08 and a beta of 0.99. The company has a fifty day simple moving average of $131.91 and a two-hundred day simple moving average of $128.68.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

Several large investors have recently bought and sold shares of the business. Gilbert Capital Group Inc. acquired a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 2nd quarter worth approximately $8,599,000. Hixon Zuercher LLC raised its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 8.8% in the third quarter. Hixon Zuercher LLC now owns 92,543 shares of the company’s stock valued at $12,056,000 after purchasing an additional 7,504 shares during the last quarter. Avantax Advisory Services Inc. raised its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 97.4% in the second quarter. Avantax Advisory Services Inc. now owns 16,103 shares of the company’s stock valued at $1,955,000 after purchasing an additional 7,946 shares during the last quarter. Sfmg LLC lifted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.3% in the second quarter. Sfmg LLC now owns 811,380 shares of the company’s stock worth $98,485,000 after purchasing an additional 10,284 shares in the last quarter. Finally, Advisors Capital Management LLC boosted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 30.8% during the second quarter. Advisors Capital Management LLC now owns 22,656 shares of the company’s stock worth $2,750,000 after purchasing an additional 5,338 shares during the last quarter.

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.