Golden State Wealth Management LLC Acquires New Holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)

Golden State Wealth Management LLC bought a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) in the fourth quarter, HoldingsChannel.com reports. The fund bought 701 shares of the company’s stock, valued at approximately $81,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Brookstone Capital Management boosted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 69.7% in the third quarter. Brookstone Capital Management now owns 4,882 shares of the company’s stock worth $551,000 after purchasing an additional 2,005 shares during the last quarter. Valeo Financial Advisors LLC increased its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 7.9% during the 3rd quarter. Valeo Financial Advisors LLC now owns 3,097 shares of the company’s stock valued at $350,000 after purchasing an additional 226 shares during the last quarter. Kings Path Partners LLC lifted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 5.2% in the 3rd quarter. Kings Path Partners LLC now owns 127,314 shares of the company’s stock worth $14,379,000 after purchasing an additional 6,332 shares during the period. Ballew Advisors Inc purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the third quarter worth approximately $304,000. Finally, Bright Financial Advisors Inc. bought a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the third quarter valued at approximately $210,000.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Trading Down 0.8 %

GSLC opened at $118.46 on Monday. The firm’s 50 day simple moving average is $117.85 and its two-hundred day simple moving average is $113.98. The company has a market capitalization of $13.69 billion, a PE ratio of 22.89 and a beta of 0.98. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 1-year low of $97.23 and a 1-year high of $121.00.

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.