Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Sets New 52-Week Low – Time to Sell?

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as $94.88 and last traded at $95.27, with a volume of 50107 shares changing hands. The stock had previously closed at $99.62.

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

The firm has a market cap of $11.23 billion, a PE ratio of 23.10 and a beta of 1.00. The business has a fifty day moving average price of $114.67 and a two-hundred day moving average price of $115.60.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Tuesday, March 25th were issued a $0.3359 dividend. This is an increase from Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Tuesday, March 25th.

Institutional Trading of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

Several institutional investors have recently made changes to their positions in GSLC. Thurston Springer Miller Herd & Titak Inc. increased its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 162.4% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 223 shares of the company’s stock valued at $26,000 after buying an additional 138 shares during the period. Heritage Wealth Advisors acquired a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the fourth quarter worth $29,000. Farmers & Merchants Trust Co of Chambersburg PA purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the fourth quarter worth $32,000. Alexis Investment Partners LLC purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the fourth quarter worth $35,000. Finally, Millstone Evans Group LLC acquired a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the fourth quarter valued at $36,000.

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.