Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Sees Unusually-High Trading Volume

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) saw strong trading volume on Monday . 884,024 shares were traded during mid-day trading, an increase of 153% from the previous session’s volume of 349,534 shares.The stock last traded at $98.65 and had previously closed at $98.05.

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

The stock has a market cap of $11.69 billion, a PE ratio of 23.31 and a beta of 0.98. The stock has a fifty day simple moving average of $101.24 and a two-hundred day simple moving average of $94.42.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of GSLC. Envestnet Asset Management Inc. raised its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 35.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,168,633 shares of the company’s stock valued at $266,894,000 after purchasing an additional 825,290 shares in the last quarter. Signature Estate & Investment Advisors LLC raised its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 19.0% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 4,795,847 shares of the company’s stock valued at $403,954,000 after purchasing an additional 765,160 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter valued at approximately $50,017,000. Leo Wealth LLC acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter valued at approximately $36,859,000. Finally, First Command Advisory Services Inc. raised its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 5,834.0% during the 3rd quarter. First Command Advisory Services Inc. now owns 197,544 shares of the company’s stock valued at $16,639,000 after acquiring an additional 194,215 shares in the last quarter.

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.