Manning & Napier Advisors LLC Grows Position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

Manning & Napier Advisors LLC raised its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 72.0% during the first quarter, HoldingsChannel reports. The firm owned 15,437 shares of the company’s stock after purchasing an additional 6,464 shares during the quarter. Manning & Napier Advisors LLC’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $1,932,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Quest 10 Wealth Builders Inc. acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the fourth quarter worth $26,000. EPG Wealth Management LLC acquired a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 4th quarter valued at $27,000. Tsfg LLC increased its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 112.5% in the 4th quarter. Tsfg LLC now owns 204 shares of the company’s stock valued at $27,000 after acquiring an additional 108 shares during the period. Longview Financial Advisors Inc. purchased a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 1st quarter worth $29,000. Finally, Sunbelt Securities Inc. raised its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 163.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 263 shares of the company’s stock worth $34,000 after acquiring an additional 163 shares during the last quarter.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Performance

Shares of GSLC opened at $143.73 on Monday. The stock has a 50-day moving average of $141.18 and a two-hundred day moving average of $135.03. The stock has a market cap of $15.58 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 one year low of $120.99 and a one year high of $144.46.

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