Catalyst Investment Management LLC Makes New Investment in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

Catalyst Investment Management LLC bought a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,525 shares of the company’s stock, valued at approximately $467,000.

Other hedge funds have also modified their holdings of the company. Wells Fargo & Company MN boosted its position in 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. raised its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,077,759 shares of the company’s stock valued at $936,883,000 after acquiring an additional 277,601 shares during the last quarter. Betterment LLC raised its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 2.7% in the 4th quarter. Betterment LLC now owns 6,005,716 shares of the company’s stock valued at $794,977,000 after acquiring an additional 157,867 shares during the last quarter. Signature Estate & Investment Advisors LLC lifted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 20.3% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 5,324,452 shares of the company’s stock worth $704,798,000 after purchasing an additional 899,397 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 3.1% in the 4th quarter. LPL Financial LLC now owns 3,163,844 shares of the company’s stock worth $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

Shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF stock opened at $141.89 on Friday. The stock has a market cap of $15.55 billion, a P/E ratio of 24.08 and a beta of 0.99. The stock’s 50 day simple moving average is $138.93 and its 200-day simple moving average is $134.00. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 1-year low of $116.62 and a 1-year high of $144.46.

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.