Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Reaches New 1-Year High – Time to Buy?

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $145.00 and last traded at $145.00, with a volume of 293 shares changing hands. The stock had previously closed at $142.75.

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

The stock has a market cap of $15.38 billion, a P/E ratio of 24.08 and a beta of 0.99. The firm’s fifty day moving average price is $140.89 and its two-hundred day moving average price is $134.88.

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

Institutional investors and hedge funds have recently modified their holdings of the business. Valeo Financial Advisors LLC purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the second quarter worth about $218,000. Elmwood Wealth Management Inc. raised its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 5.7% in the second quarter. Elmwood Wealth Management Inc. now owns 29,671 shares of the company’s stock valued at $4,210,000 after purchasing an additional 1,608 shares in the last quarter. Archer Investment Management LLC lifted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 10.5% during the second quarter. Archer Investment Management LLC now owns 17,590 shares of the company’s stock valued at $2,496,000 after purchasing an additional 1,667 shares during the last quarter. Dynamic Advisor Solutions LLC lifted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 10.8% during the second quarter. Dynamic Advisor Solutions LLC now owns 359,896 shares of the company’s stock valued at $51,066,000 after purchasing an additional 35,110 shares during the last quarter. Finally, GAMMA Investing LLC lifted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 12.3% during the second quarter. GAMMA Investing LLC now owns 2,759 shares of the company’s stock valued at $391,000 after purchasing an additional 303 shares during 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.