Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC Stock Sold by Inscription Capital LLC

Inscription Capital LLC cut its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 4.0% in the third quarter, Holdings Channel reports. The institutional investor owned 141,978 shares of the company’s stock after selling 5,896 shares during the period. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF comprises 2.3% of Inscription Capital LLC’s portfolio, making the stock its 6th biggest holding. Inscription Capital LLC’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $20,592,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of GSLC. Financial Management Professionals Inc. acquired a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 3rd quarter valued at approximately $115,495,000. Envestnet Asset Management Inc. boosted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 18.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,182,271 shares of the company’s stock worth $451,532,000 after acquiring an additional 503,551 shares during the last quarter. Commonwealth Equity Services LLC bought a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 3rd quarter worth approximately $46,382,000. Kings Path Partners LLC bought a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 3rd quarter worth approximately $27,395,000. Finally, Arvest Investments Inc. acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the third quarter valued at approximately $23,141,000.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Down 4.1%

Shares of GSLC stock opened at $140.77 on Friday. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 12 month low of $121.12 and a 12 month high of $148.93. The company’s fifty day simple moving average is $146.21 and its 200-day simple moving average is $139.52. The firm has a market cap of $14.58 billion, a PE ratio of 24.08 and a beta of 0.98.

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