HB Wealth Management LLC Grows Holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

HB Wealth Management LLC boosted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 3.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,248,350 shares of the company’s stock after buying an additional 37,093 shares during the quarter. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF accounts for approximately 1.0% of HB Wealth Management LLC’s holdings, making the stock its 16th biggest holding. HB Wealth Management LLC owned about 1.14% of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF worth $156,206,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. 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 during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in 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 purchasing an additional 277,601 shares during the last quarter. Betterment LLC boosted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 2.7% in the fourth quarter. Betterment LLC now owns 6,005,716 shares of the company’s stock valued at $794,977,000 after purchasing an additional 157,867 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 20.3% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 5,324,452 shares of the company’s stock valued at $704,798,000 after purchasing an additional 899,397 shares in the last quarter. Finally, LPL Financial LLC grew its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 3.1% during the 4th quarter. LPL Financial LLC now owns 3,163,844 shares of the company’s stock valued at $418,798,000 after purchasing an additional 95,530 shares in the last quarter.

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

GSLC stock opened at $141.83 on Friday. The stock’s 50 day moving average is $140.53 and its two-hundred day moving average is $134.63. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 52-week low of $120.99 and a 52-week high of $144.46. The company has a market capitalization of $15.36 billion, a PE ratio of 24.08 and a beta of 0.99.

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.