Genesis Wealth Advisors LLC Acquires New Position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)

Genesis Wealth Advisors LLC bought a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,854 shares of the company’s stock, valued at approximately $329,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 162.4% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 223 shares of the company’s stock worth $26,000 after purchasing an additional 138 shares during the last quarter. Farmers & Merchants Trust Co of Chambersburg PA bought a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the fourth quarter worth $32,000. Eastern Bank bought a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the fourth quarter worth $49,000. Nvwm LLC bought a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the fourth quarter worth $53,000. Finally, Centricity Wealth Management LLC bought a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the fourth quarter worth $58,000.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Down 1.6 %

GSLC stock opened at $117.84 on Monday. The firm has a market cap of $13.62 billion, a price-to-earnings ratio of 22.89 and a beta of 0.98. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 12-month low of $97.82 and a 12-month high of $121.00. The company’s fifty day simple moving average is $117.77 and its 200 day simple moving average is $114.98.

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.