Wealthspire Advisors LLC Increases Stock Position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)

Wealthspire Advisors LLC raised its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 7.1% during the 4th quarter, Holdings Channel reports. The firm owned 69,792 shares of the company’s stock after purchasing an additional 4,607 shares during the quarter. Wealthspire Advisors LLC’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $6,547,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Envestnet Asset Management Inc. lifted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 35.2% during the third quarter. Envestnet Asset Management Inc. now owns 3,168,633 shares of the company’s stock valued at $266,894,000 after buying an additional 825,290 shares during the period. Signature Estate & Investment Advisors LLC lifted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 5.8% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 5,074,216 shares of the company’s stock valued at $476,012,000 after buying an additional 278,369 shares during the period. First Command Advisory Services Inc. lifted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 5,834.0% during the third quarter. First Command Advisory Services Inc. now owns 197,544 shares of the company’s stock valued at $16,639,000 after buying an additional 194,215 shares during the period. Arvest Investments Inc. purchased a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the fourth quarter worth approximately $17,549,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the third quarter worth approximately $13,228,000.

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

NYSEARCA:GSLC traded up $0.06 during trading hours on Wednesday, reaching $101.97. 190,422 shares of the company were exchanged, compared to its average volume of 330,149. The firm has a market cap of $11.79 billion, a price-to-earnings ratio of 22.89 and a beta of 0.98. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 52-week low of $80.74 and a 52-week high of $104.23. The stock has a 50 day simple moving average of $101.49 and a 200 day simple moving average of $95.64.

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