Valley Wealth Managers Inc. Makes New $1.73 Million Investment in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

Valley Wealth Managers Inc. acquired a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 11,906 shares of the company’s stock, valued at approximately $1,727,000.

Several other institutional investors also recently modified their holdings of GSLC. Wells Fargo & Company MN lifted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.6% in 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 purchasing an additional 172,810 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 18.8% during the second quarter. Envestnet Asset Management Inc. now owns 3,182,271 shares of the company’s stock worth $451,532,000 after buying an additional 503,551 shares during the last quarter. HB Wealth Management LLC increased its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.6% during the second quarter. HB Wealth Management LLC now owns 1,305,326 shares of the company’s stock worth $185,213,000 after buying an additional 56,976 shares during the last quarter. Cetera Investment Advisers raised its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.0% in the first quarter. Cetera Investment Advisers now owns 1,012,508 shares of the company’s stock valued at $126,695,000 after buying an additional 10,074 shares during the period. Finally, Royal Bank of Canada raised its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 7.1% in the first quarter. Royal Bank of Canada now owns 715,231 shares of the company’s stock valued at $89,497,000 after buying an additional 47,539 shares during the period.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Up 0.5%

GSLC opened at $148.24 on Friday. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 12-month low of $121.12 and a 12-month high of $148.93. The stock has a market cap of $15.37 billion, a price-to-earnings ratio of 24.08 and a beta of 0.99. The business has a 50 day moving average of $146.53 and a 200-day moving average of $141.06.

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.