NewEdge Advisors LLC Has $10.45 Million Position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

NewEdge Advisors LLC boosted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 19.9% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 83,500 shares of the company’s stock after purchasing an additional 13,836 shares during the period. NewEdge Advisors LLC owned about 0.08% of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF worth $10,448,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wells Fargo & Company MN grew its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.6% during the 4th quarter. Wells Fargo & Company MN now owns 28,018,723 shares of the company’s stock valued at $3,708,838,000 after acquiring an additional 172,810 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.1% during the fourth 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 during the last quarter. Betterment LLC boosted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 2.7% during the fourth 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 during the last quarter. Signature Estate & Investment Advisors LLC grew its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 20.3% in the fourth 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 in the last quarter. Finally, LPL Financial LLC grew its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 3.1% in the fourth 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 in the last quarter.

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

Shares of GSLC stock opened at $147.87 on Monday. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a fifty-two week low of $121.12 and a fifty-two week high of $148.23. The stock’s 50-day moving average is $142.24 and its two-hundred day moving average is $136.36. The firm has a market cap of $15.54 billion, a P/E ratio of 24.08 and a beta of 0.99.

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. GSLC was launched on Sep 21, 2015 and is managed by Goldman Sachs.