Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Sees Large Drop in Short Interest

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 110,894 shares, a decrease of 23.7% from the December 15th total of 145,361 shares. Based on an average daily trading volume, of 189,170 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 189,170 shares, the short-interest ratio is currently 0.6 days.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Down 0.2%

GSLC stock traded down $0.25 during midday trading on Friday, hitting $133.82. The company’s stock had a trading volume of 202,468 shares, compared to its average volume of 328,270. The firm has a 50-day simple moving average of $132.18 and a 200-day simple moving average of $128.98. The firm has a market capitalization of $15.14 billion, a P/E ratio of 24.08 and a beta of 0.99. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 52-week low of $94.88 and a 52-week high of $134.87.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

Several large investors have recently bought and sold shares of GSLC. Brighton Jones LLC increased its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 11.2% in the 4th quarter. Brighton Jones LLC now owns 4,036 shares of the company’s stock valued at $465,000 after buying an additional 406 shares during the period. Parallel Advisors LLC increased its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 61.7% during the 2nd quarter. Parallel Advisors LLC now owns 325 shares of the company’s stock worth $39,000 after purchasing an additional 124 shares during the period. LongView Wealth Management purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 2nd quarter worth approximately $246,000. Sowell Financial Services LLC lifted its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 463.0% in the 2nd quarter. Sowell Financial Services LLC now owns 82,114 shares of the company’s stock valued at $9,967,000 after buying an additional 67,529 shares during the period. Finally, Tepp RIA LLC grew its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 104.2% during the second quarter. Tepp RIA LLC now owns 4,929 shares of the company’s stock worth $598,000 after acquiring an additional 2,515 shares during the period.

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. GSLC was launched on Sep 21, 2015 and is managed by Goldman Sachs.