Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Sets New 52-Week High – Should You Buy?

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $133.53 and last traded at $133.26, with a volume of 237764 shares changing hands. The stock had previously closed at $132.39.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Up 0.6%

The firm has a market cap of $15.03 billion, a P/E ratio of 24.08 and a beta of 0.99. The business has a fifty day moving average of $130.64 and a 200 day moving average of $126.01.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of GSLC. TCI Wealth Advisors Inc. increased its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.9% during the third quarter. TCI Wealth Advisors Inc. now owns 1,735 shares of the company’s stock worth $226,000 after purchasing an additional 81 shares during the period. Truepoint Inc. grew its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.8% in the third quarter. Truepoint Inc. now owns 4,696 shares of the company’s stock valued at $612,000 after acquiring an additional 83 shares during the last quarter. Moors & Cabot Inc. increased its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.3% during the 3rd quarter. Moors & Cabot Inc. now owns 6,569 shares of the company’s stock worth $856,000 after purchasing an additional 84 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.9% in the 2nd quarter. PNC Financial Services Group Inc. now owns 9,778 shares of the company’s stock valued at $1,187,000 after acquiring an additional 85 shares during the last quarter. Finally, Lantern Wealth Advisors LLC raised its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.6% in the third quarter. Lantern Wealth Advisors LLC now owns 1,957 shares of the company’s stock valued at $255,000 after purchasing an additional 86 shares during the last quarter.

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