Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) Shares Up 9.1% – What’s Next?

Shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) shot up 9.1% during trading on Monday . The company traded as high as $54.22 and last traded at $59.3150. 57,875 shares changed hands during trading, a decline of 22% from the average session volume of 74,053 shares. The stock had previously closed at $54.37.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Price Performance

The business’s 50 day simple moving average is $59.32 and its 200 day simple moving average is $58.78. The company has a market capitalization of $1.43 billion, a PE ratio of 19.52 and a beta of 0.74.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF

Institutional investors have recently made changes to their positions in the stock. Vestmark Advisory Solutions Inc. acquired a new stake in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF during the third quarter valued at about $558,000. Annex Advisory Services LLC acquired a new stake in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF during the fourth quarter valued at about $52,684,000. ARQ Wealth Advisors LLC acquired a new stake in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF during the third quarter valued at about $2,286,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 8,716.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 4,114,724 shares of the company’s stock valued at $237,584,000 after acquiring an additional 4,068,053 shares during the last quarter. Finally, Capital Advisors Wealth Management LLC acquired a new position in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF in the fourth quarter valued at approximately $217,000.

About Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF

The Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF (GLOV) is an exchange-traded fund that mostly invests in total market equity. The fund selects large- and mid-cap stocks in developed markets based on four factors: value, momentum, quality and an emphasis on low volatility. GLOV was launched on Mar 15, 2022 and is managed by Goldman Sachs.