Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Sees Unusually-High Trading Volume – Here’s Why

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) shares saw an uptick in trading volume on Thursday . Approximately 783,016 shares traded hands during trading, an increase of 138% from the previous session’s volume of 329,153 shares.The stock last traded at $146.55 and had previously closed at $146.91.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Trading Down 0.2%

The business’s 50 day moving average price is $142.09 and its two-hundred day moving average price is $136.17. The company has a market capitalization of $15.41 billion, a price-to-earnings ratio of 24.08 and a beta of 0.99.

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

A number of hedge funds have recently added to or reduced their stakes in GSLC. Integrated Wealthcare LLC bought a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the fourth quarter worth $2,948,000. Oppenheimer & Co. Inc. increased its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 123.1% in the fourth quarter. Oppenheimer & Co. Inc. now owns 12,294 shares of the company’s stock valued at $1,627,000 after purchasing an additional 6,783 shares in the last quarter. RFG Advisory LLC raised its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 139.8% during the fourth quarter. RFG Advisory LLC now owns 297,487 shares of the company’s stock valued at $39,378,000 after purchasing an additional 173,412 shares during the period. World Investment Advisors acquired a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the fourth quarter valued at about $1,675,000. Finally, Goldman Sachs Group Inc. boosted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 3.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,508,965 shares of the company’s stock worth $332,112,000 after purchasing an additional 72,781 shares in 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.