Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Short Interest Up 43.2% in April

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totaling 88,692 shares, an increase of 43.2% from the March 31st total of 61,930 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 361,923 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Wells Fargo & Company MN lifted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.6% in 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 buying an additional 172,810 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.1% in 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 buying an additional 277,601 shares during the last quarter. Betterment LLC lifted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 2.7% in the fourth quarter. Betterment LLC now owns 6,005,716 shares of the company’s stock valued at $794,977,000 after buying an additional 157,867 shares during the last quarter. Signature Estate & Investment Advisors LLC lifted its position in shares of 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 buying an additional 899,397 shares during the last quarter. Finally, LPL Financial LLC lifted its position in shares of 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 buying an additional 95,530 shares during the last quarter.

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

GSLC stock traded up $1.05 during mid-day trading on Thursday, reaching $137.03. The company had a trading volume of 161,731 shares, compared to its average volume of 359,786. The stock has a 50 day simple moving average of $130.40 and a two-hundred day simple moving average of $131.45. The company has a market capitalization of $15.02 billion, a price-to-earnings ratio of 24.08 and a beta of 1.00. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 52 week low of $109.87 and a 52 week high of $137.28.

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.