Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Short Interest Down 35.2% in June

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 103,383 shares, a decline of 35.2% from the June 15th total of 159,492 shares. Based on an average daily trading volume, of 189,607 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the shares of the company are sold short.

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

NYSEARCA:GSLC traded down $0.80 during midday trading on Friday, reaching $142.36. The stock had a trading volume of 65,803 shares, compared to its average volume of 313,453. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 1-year low of $121.12 and a 1-year high of $144.46. The firm’s fifty day simple moving average is $141.56 and its 200-day simple moving average is $135.29. The stock has a market capitalization of $15.37 billion, a P/E ratio of 24.08 and a beta of 0.99.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

A number of hedge funds have recently bought and sold shares of the company. SOA Wealth Advisors LLC. increased its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 19.0% in the first quarter. SOA Wealth Advisors LLC. now owns 450 shares of the company’s stock worth $56,000 after purchasing an additional 72 shares during the period. Cassaday & Co Wealth Management LLC boosted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.4% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 19,835 shares of the company’s stock valued at $2,482,000 after purchasing an additional 75 shares during the period. KCM Investment Advisors LLC grew its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.9% in the 1st quarter. KCM Investment Advisors LLC now owns 3,980 shares of the company’s stock valued at $498,000 after buying an additional 75 shares during the last quarter. Stonehearth Capital Management LLC grew its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.4% in the 4th quarter. Stonehearth Capital Management LLC now owns 17,550 shares of the company’s stock valued at $2,323,000 after buying an additional 77 shares during the last quarter. Finally, Advisory Services Network LLC grew its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.7% in the 4th quarter. Advisory Services Network LLC now owns 10,844 shares of the company’s stock valued at $1,435,000 after buying an additional 77 shares during 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. GSLC was launched on Sep 21, 2015 and is managed by Goldman Sachs.