Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC Stake Lessened by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 4.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 335,471 shares of the company’s stock after selling 14,602 shares during the period. JPMorgan Chase & Co.’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $43,705,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Betterment LLC raised its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.4% during the third quarter. Betterment LLC now owns 5,847,849 shares of the company’s stock valued at $761,858,000 after buying an additional 248,198 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.5% in the 2nd quarter. Bank of America Corp DE now owns 3,069,380 shares of the company’s stock valued at $372,561,000 after acquiring an additional 14,917 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,511,829 shares of the company’s stock valued at $327,241,000 after acquiring an additional 20,804 shares during the last quarter. RiverFront Investment Group LLC raised its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.9% during the 2nd quarter. RiverFront Investment Group LLC now owns 1,807,277 shares of the company’s stock valued at $219,367,000 after acquiring an additional 16,820 shares in the last quarter. Finally, HB Wealth Management LLC raised its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 7.2% during the 3rd quarter. HB Wealth Management LLC now owns 1,148,037 shares of the company’s stock valued at $149,566,000 after acquiring an additional 76,936 shares in the last quarter.

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

Shares of GSLC opened at $124.96 on Friday. The stock has a market capitalization of $13.87 billion, a PE ratio of 24.08 and a beta of 0.99. The business’s fifty day moving average price is $131.80 and its 200 day moving average price is $131.23. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 12-month low of $94.88 and a 12-month high of $134.87.

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