Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) Shares Up 9.1% – What’s Next?

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) shares traded up 9.1% during mid-day trading on Thursday. The stock traded as high as $54.22 and last traded at $59.3150. 57,875 shares were traded during mid-day trading, a decline of 22% from the average session volume of 74,053 shares. The stock had previously closed at $54.37.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Stock Performance

The company has a market capitalization of $1.43 billion, a PE ratio of 19.52 and a beta of 0.74. The stock’s 50 day moving average is $59.32 and its 200 day moving average is $59.31.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF stock. ARQ Wealth Advisors LLC lifted its holdings in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) by 14.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,028 shares of the company’s stock after buying an additional 6,346 shares during the period. ARQ Wealth Advisors LLC owned approximately 0.20% of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF worth $2,760,000 at the end of the most recent reporting period.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Company Profile

The Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF (GLOV) is an exchange-traded fund that mostly invests in total market equity. The fund selects large- and mid-cap stocks in developed markets based on four factors: value, momentum, quality and an emphasis on low volatility. GLOV was launched on Mar 15, 2022 and is managed by Goldman Sachs.