Penney Financial LLC Grows Stock Holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

Penney Financial LLC grew its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 1.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 477,721 shares of the company’s stock after buying an additional 5,077 shares during the quarter. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF accounts for about 22.9% of Penney Financial LLC’s portfolio, making the stock its largest holding. Penney Financial LLC owned about 0.44% of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF worth $59,777,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in GSLC. Wells Fargo & Company MN raised its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.6% during the fourth quarter. Wells Fargo & Company MN now owns 28,018,723 shares of the company’s stock valued at $3,708,838,000 after purchasing an additional 172,810 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,077,759 shares of the company’s stock valued at $936,883,000 after purchasing an additional 277,601 shares in the last quarter. Betterment LLC boosted its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 2.7% in the 4th quarter. Betterment LLC now owns 6,005,716 shares of the company’s stock valued at $794,977,000 after purchasing an additional 157,867 shares in the last quarter. Signature Estate & Investment Advisors LLC increased its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 20.3% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 5,324,452 shares of the company’s stock valued at $704,798,000 after purchasing an additional 899,397 shares during the last quarter. Finally, LPL Financial LLC increased its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 3.1% in the 4th quarter. LPL Financial LLC now owns 3,163,844 shares of the company’s stock valued at $418,798,000 after purchasing an additional 95,530 shares during the last quarter.

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

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF stock opened at $139.31 on Monday. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 52 week low of $120.02 and a 52 week high of $144.46. The stock has a market capitalization of $15.27 billion, a P/E ratio of 24.08 and a beta of 0.99. The stock has a fifty day moving average of $139.95 and a 200-day moving average of $134.34.

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.