Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) Shares Up 9.1% – Still a Buy?

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV)’s stock price rose 9.1% on Friday. The company traded as high as $54.22 and last traded at $59.3150. Approximately 57,875 shares changed hands during mid-day 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 Stock Performance

The stock has a 50-day moving average of $59.32 and a two-hundred day moving average of $59.25. The company has a market cap of $1.43 billion, a P/E ratio of 19.52 and a beta of 0.74.

Institutional Trading of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF

A hedge fund recently raised its stake in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF stock. Kestra Advisory Services LLC increased its holdings in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) by 43.5% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,378 shares of the company’s stock after purchasing an additional 2,843 shares during the period. Kestra Advisory Services LLC’s holdings in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF were worth $528,000 at the end of the most recent quarter.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Company Profile

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.