Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC – Get Free Report) was the target of a large growth in short interest in May. As of May 31st, there was short interest totalling 98,000 shares, a growth of 36.9% from the May 15th total of 71,600 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 287,900 shares, the short-interest ratio is presently 0.3 days.
Hedge Funds Weigh In On Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
Several hedge funds and other institutional investors have recently modified their holdings of GSLC. Blue Bell Private Wealth Management LLC lifted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1,607.1% during the 1st quarter. Blue Bell Private Wealth Management LLC now owns 239 shares of the company’s stock worth $26,000 after acquiring an additional 225 shares in the last quarter. Heritage Wealth Advisors acquired a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter worth approximately $29,000. Sunbelt Securities Inc. lifted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 162.0% during the 1st quarter. Sunbelt Securities Inc. now owns 262 shares of the company’s stock worth $29,000 after acquiring an additional 162 shares in the last quarter. Alexis Investment Partners LLC acquired a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter worth approximately $35,000. Finally, Millstone Evans Group LLC acquired a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter worth approximately $36,000.
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Price Performance
NYSEARCA GSLC opened at $117.20 on Thursday. The firm has a market capitalization of $13.36 billion, a P/E ratio of 23.79 and a beta of 1.00. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 1-year low of $94.88 and a 1-year high of $121.00. The business’s 50-day simple moving average is $112.52 and its 200-day simple moving average is $114.29.
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.
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