Schrum Private Wealth Management LLC Cuts Stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

Schrum Private Wealth Management LLC lowered its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 22.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,744 shares of the company’s stock after selling 1,670 shares during the quarter. Schrum Private Wealth Management LLC’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $697,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. Signature Estate & Investment Advisors LLC boosted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.8% during the first quarter. Signature Estate & Investment Advisors LLC now owns 4,328,977 shares of the company’s stock valued at $476,534,000 after purchasing an additional 76,925 shares during the period. LPL Financial LLC boosted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.8% during the first quarter. LPL Financial LLC now owns 2,900,331 shares of the company’s stock valued at $319,268,000 after purchasing an additional 52,292 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 3.3% during the first quarter. Envestnet Asset Management Inc. now owns 2,435,446 shares of the company’s stock valued at $268,094,000 after purchasing an additional 77,363 shares during the period. HB Wealth Management LLC boosted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 6.1% during the second quarter. HB Wealth Management LLC now owns 1,071,101 shares of the company’s stock valued at $130,010,000 after purchasing an additional 61,537 shares during the period. Finally, Cetera Investment Advisers boosted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.9% during the first quarter. Cetera Investment Advisers now owns 898,816 shares of the company’s stock valued at $98,942,000 after purchasing an additional 7,973 shares during the period.

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

NYSEARCA:GSLC opened at $130.88 on Thursday. The firm has a market cap of $14.74 billion, a PE ratio of 24.08 and a beta of 0.98. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a fifty-two week low of $94.88 and a fifty-two week high of $131.30. The business has a 50 day moving average price of $127.54 and a 200-day moving average price of $119.09.

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.