Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) Shares Down 0.7% – Here’s What Happened

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) was down 0.7% during trading on Monday . The stock traded as low as $53.68 and last traded at $53.99. Approximately 57,875 shares were traded during trading, an increase of 10% from the average daily volume of 52,675 shares. The stock had previously closed at $54.37.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Stock Performance

The firm’s 50 day moving average is $52.48 and its 200 day moving average is $51.48. The stock has a market cap of $1.29 billion, a P/E ratio of 20.34 and a beta of 0.75.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF

A number of large investors have recently made changes to their positions in GLOV. LPL Financial LLC boosted its position in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 1.6% in the 1st quarter. LPL Financial LLC now owns 512,882 shares of the company’s stock worth $26,424,000 after purchasing an additional 8,108 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 3.1% in the first quarter. Envestnet Asset Management Inc. now owns 268,305 shares of the company’s stock valued at $13,823,000 after buying an additional 8,075 shares during the last quarter. Jane Street Group LLC boosted its holdings in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 189.5% in the fourth quarter. Jane Street Group LLC now owns 200,000 shares of the company’s stock worth $9,886,000 after acquiring an additional 130,924 shares in the last quarter. Principal Securities Inc. grew its stake in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 4.6% during the fourth quarter. Principal Securities Inc. now owns 96,652 shares of the company’s stock worth $4,778,000 after acquiring an additional 4,212 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 9.4% during the fourth quarter. Cetera Investment Advisers now owns 64,019 shares of the company’s stock worth $3,164,000 after acquiring an additional 5,474 shares during the last quarter.

About Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF

The Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF (GLOV) is an exchange-traded fund that mostly invests in total market equity. The fund selects large- and mid-cap stocks in developed markets based on four factors: value, momentum, quality and an emphasis on low volatility. GLOV was launched on Mar 15, 2022 and is managed by Goldman Sachs.