Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC Stock Purchased by Crosspoint Financial LLC

Crosspoint Financial LLC increased its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 318.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 14,443 shares of the company’s stock after buying an additional 10,989 shares during the quarter. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF comprises 4.1% of Crosspoint Financial LLC’s investment portfolio, making the stock its 8th biggest holding. Crosspoint Financial LLC’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $2,095,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. 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 period. HB Wealth Management LLC boosted its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.6% in the second quarter. HB Wealth Management LLC now owns 1,305,326 shares of the company’s stock valued at $185,213,000 after acquiring an additional 56,976 shares during the period. Cetera Investment Advisers boosted its holdings in shares of 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 acquiring an additional 10,074 shares during the period. Financial Management Professionals Inc. acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the third quarter valued at approximately $115,495,000. Finally, Goldstein Advisors LLC boosted its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 2.0% in the third quarter. Goldstein Advisors LLC now owns 634,120 shares of the company’s stock valued at $91,973,000 after acquiring an additional 12,181 shares during the period.

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

Shares of GSLC opened at $140.91 on Monday. The firm has a market cap of $14.95 billion, a PE ratio of 24.08 and a beta of 0.98. The company’s 50 day simple moving average is $146.08 and its 200-day simple moving average is $139.57. 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.

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.