Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Short Interest Down 37.7% in July

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totaling 64,390 shares, a drop of 37.7% from the June 30th total of 103,383 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 355,654 shares, the days-to-cover ratio is presently 0.2 days.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Trading Up 0.6%

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF stock traded up $0.82 during midday trading on Friday, reaching $142.80. The company’s stock had a trading volume of 150,462 shares, compared to its average volume of 329,765. The business has a 50-day moving average price of $141.85 and a 200-day moving average price of $135.91. The stock has a market cap of $15.01 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 $121.12 and a 52 week high of $144.46.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in GSLC. Leo Wealth LLC boosted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 89.5% in the fourth quarter. Leo Wealth LLC now owns 459,182 shares of the company’s stock worth $60,807,000 after acquiring an additional 216,826 shares in the last quarter. Integrated Wealthcare LLC bought a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the fourth quarter valued at about $2,948,000. Oppenheimer & Co. Inc. lifted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 123.1% in the fourth quarter. Oppenheimer & Co. Inc. now owns 12,294 shares of the company’s stock valued at $1,627,000 after purchasing an additional 6,783 shares during the last quarter. RFG Advisory LLC raised its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 139.8% in the 4th quarter. RFG Advisory LLC now owns 297,487 shares of the company’s stock valued at $39,378,000 after acquiring an additional 173,412 shares during the period. Finally, World Investment Advisors bought a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter valued at $1,675,000.

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.