GFG Capital LLC Sells 69,591 Shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

GFG Capital LLC lessened its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 37.2% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 117,621 shares of the company’s stock after selling 69,591 shares during the quarter. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF accounts for 4.0% of GFG Capital LLC’s investment portfolio, making the stock its 6th largest position. GFG Capital LLC’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $16,689,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN increased its holdings in 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 in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,077,759 shares of the company’s stock worth $936,883,000 after acquiring an additional 277,601 shares in the last quarter. Betterment LLC boosted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 2.7% during the 4th quarter. Betterment LLC now owns 6,005,716 shares of the company’s stock worth $794,977,000 after acquiring an additional 157,867 shares in the last quarter. Signature Estate & Investment Advisors LLC grew its holdings 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 worth $704,798,000 after acquiring an additional 899,397 shares during the period. Finally, LPL Financial LLC grew its holdings 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 worth $418,798,000 after acquiring an additional 95,530 shares during the period.

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

NYSEARCA GSLC opened at $146.03 on Wednesday. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 1-year low of $121.12 and a 1-year high of $148.93. The company has a market capitalization of $15.35 billion, a P/E ratio of 24.08 and a beta of 0.99. The business has a 50 day moving average price of $144.71 and a 200 day moving average price of $138.56.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Company 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.