Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) Trading Up 9.1% – What’s Next?

Shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) traded up 9.1% on Monday . The company traded as high as $54.22 and last traded at $59.3150. 57,875 shares changed hands during mid-day trading, a decline of 22% from the average session volume of 74,053 shares. The stock had previously closed at $54.37.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Trading Up 9.1%

The stock has a 50 day moving average price of $59.32 and a two-hundred day moving average price of $58.76. The company has a market cap of $1.43 billion, a price-to-earnings ratio of 19.52 and a beta of 0.74.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Bank of Montreal Can lifted its stake in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 36.4% in the 4th quarter. Bank of Montreal Can now owns 1,292 shares of the company’s stock valued at $75,000 after purchasing an additional 345 shares during the period. Founders Financial Alliance LLC acquired a new position in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF in the 3rd quarter valued at $80,000. Syntegra Private Wealth Group LLC acquired a new position in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF in the 4th quarter valued at $205,000. Orion Porfolio Solutions LLC acquired a new position in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF in the 3rd quarter valued at $207,000. Finally, Capital Advisors Wealth Management LLC acquired a new position in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF in the 4th quarter valued at $217,000.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Company Profile

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.