Envestnet Portfolio Solutions Inc. Acquires 57,504 Shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

Envestnet Portfolio Solutions Inc. lifted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 31.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 240,491 shares of the company’s stock after purchasing an additional 57,504 shares during the quarter. Envestnet Portfolio Solutions Inc. owned about 0.23% of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF worth $34,123,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Envestnet Asset Management Inc. raised its holdings 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 buying an additional 503,551 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,077,759 shares of the company’s stock valued at $936,883,000 after buying an additional 277,601 shares during the period. Targeted Financial Services LLC bought a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the fourth quarter worth $24,487,000. Wells Fargo & Company MN increased its position 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 acquiring an additional 172,810 shares in the last quarter. Finally, LPL Financial LLC increased its position 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 acquiring an additional 95,530 shares in the last quarter.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Down 0.8%

Shares of NYSEARCA:GSLC traded down $1.22 during midday trading on Wednesday, reaching $146.37. 160,475 shares of the company were exchanged, compared to its average volume of 308,416. The firm has a market cap of $15.19 billion, a PE ratio of 24.08 and a beta of 0.99. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a fifty-two week low of $121.12 and a fifty-two week high of $148.93. The stock has a fifty day simple moving average of $145.31 and a two-hundred day simple moving average of $139.49.

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.