HighTower Advisors LLC Increases Stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)

HighTower Advisors LLC increased its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 1.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 365,905 shares of the company’s stock after acquiring an additional 4,133 shares during the period. HighTower Advisors LLC’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $42,145,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. boosted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 162.4% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 223 shares of the company’s stock valued at $26,000 after buying an additional 138 shares during the period. Farmers & Merchants Trust Co of Chambersburg PA purchased a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter valued at $32,000. Rialto Wealth Management LLC purchased a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter valued at $40,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter valued at $49,000. Finally, Eastern Bank purchased a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter valued at $49,000.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Down 1.5 %

Shares of GSLC opened at $108.02 on Friday. The stock has a market capitalization of $12.21 billion, a P/E ratio of 25.36 and a beta of 1.00. The firm has a fifty day simple moving average of $117.00 and a two-hundred day simple moving average of $115.48. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a twelve month low of $97.82 and a twelve month high of $121.00.

About Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

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.