World Investment Advisors Takes $1.68 Million Position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

World Investment Advisors acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) in the fourth quarter, HoldingsChannel reports. The fund acquired 12,653 shares of the company’s stock, valued at approximately $1,675,000.

Several other hedge funds also recently added to or reduced their stakes in GSLC. Brighton Jones LLC lifted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 11.2% during the 4th quarter. Brighton Jones LLC now owns 4,036 shares of the company’s stock worth $465,000 after buying an additional 406 shares during the last quarter. Russell Investments Group Ltd. raised its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 341.9% during the second quarter. Russell Investments Group Ltd. now owns 4,061 shares of the company’s stock worth $493,000 after acquiring an additional 3,142 shares during the period. NewEdge Advisors LLC grew its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 145.5% during the second quarter. NewEdge Advisors LLC now owns 66,641 shares of the company’s stock valued at $8,089,000 after purchasing an additional 39,493 shares during the last quarter. Quantinno Capital Management LP raised its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 22.0% during the 2nd quarter. Quantinno Capital Management LP now owns 13,498 shares of the company’s stock worth $1,638,000 after purchasing an additional 2,433 shares during the period. Finally, Raymond James Financial Inc. raised its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.6% during the 2nd quarter. Raymond James Financial Inc. now owns 1,136,561 shares of the company’s stock worth $137,956,000 after purchasing an additional 7,293 shares during the period.

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

Shares of NYSEARCA GSLC opened at $141.89 on Friday. The company has a market cap of $15.55 billion, a price-to-earnings ratio of 24.08 and a beta of 0.99. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 12-month low of $116.62 and a 12-month high of $144.46. The stock’s 50 day simple moving average is $139.17 and its 200 day simple moving average is $134.06.

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.