Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Reaches New 12-Month High – Time to Buy?

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

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Trading Down 0.0%

The company has a market capitalization of $15.47 billion, a PE ratio of 24.08 and a beta of 0.99. The stock has a fifty day moving average of $140.67 and a two-hundred day moving average of $134.72.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Quest 10 Wealth Builders Inc. purchased a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter valued at $26,000. EPG Wealth Management LLC purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the fourth quarter worth about $27,000. Tsfg LLC grew its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 112.5% in the 4th quarter. Tsfg LLC now owns 204 shares of the company’s stock worth $27,000 after buying an additional 108 shares during the last quarter. Longview Financial Advisors Inc. purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 1st quarter worth about $29,000. Finally, Sunbelt Securities Inc. lifted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 163.0% in the third quarter. Sunbelt Securities Inc. now owns 263 shares of the company’s stock worth $34,000 after buying an additional 163 shares during the period.

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.