Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Short Interest Up 183.5% in June

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 159,492 shares, a growth of 183.5% from the May 31st total of 56,258 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 247,291 shares, the days-to-cover ratio is currently 0.6 days.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Up 0.6%

Shares of NYSEARCA GSLC traded up $0.90 during mid-day trading on Tuesday, reaching $141.80. 175,689 shares of the company were exchanged, compared to its average volume of 312,194. The stock has a market capitalization of $15.54 billion, a P/E ratio of 24.08 and a beta of 0.99. The company’s 50-day simple moving average is $140.07 and its 200-day simple moving average is $134.40. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a twelve month low of $120.99 and a twelve month high of $144.46.

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

Several hedge funds have recently bought and sold shares of the stock. Wells Fargo & Company MN increased its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.6% during the fourth quarter. Wells Fargo & Company MN now owns 28,018,723 shares of the company’s stock worth $3,708,838,000 after purchasing an additional 172,810 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,077,759 shares of the company’s stock valued at $936,883,000 after purchasing an additional 277,601 shares during the period. Betterment LLC grew its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 2.7% in the 4th quarter. Betterment LLC now owns 6,005,716 shares of the company’s stock valued at $794,977,000 after buying an additional 157,867 shares in the last quarter. Signature Estate & Investment Advisors LLC increased its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 20.3% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 5,324,452 shares of the company’s stock worth $704,798,000 after buying an additional 899,397 shares during the period. Finally, LPL Financial LLC lifted its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 3.1% during the fourth quarter. LPL Financial LLC now owns 3,163,844 shares of the company’s stock worth $418,798,000 after buying an additional 95,530 shares in the last quarter.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Company Profile

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.