Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC Stock: Lifelong Wealth Advisors Inc. Trims Holdings

Lifelong Wealth Advisors Inc. cut its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 0.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 539,688 shares of the company’s stock after selling 4,339 shares during the quarter. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF makes up approximately 18.1% of Lifelong Wealth Advisors Inc.’s portfolio, making the stock its 2nd largest holding. Lifelong Wealth Advisors Inc.’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $78,276,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 18.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,182,271 shares of the company’s stock worth $451,532,000 after buying an additional 503,551 shares during the last quarter. Lincoln Capital Corp acquired a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the third quarter valued at approximately $11,617,000. Fifth Third Bancorp raised its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1,419.4% during the first quarter. Fifth Third Bancorp now owns 77,700 shares of the company’s stock valued at $9,723,000 after acquiring an additional 72,586 shares during the last quarter. RFG Advisory LLC raised its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 24.2% during the first quarter. RFG Advisory LLC now owns 369,331 shares of the company’s stock valued at $46,214,000 after acquiring an additional 71,844 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 31.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 240,491 shares of the company’s stock valued at $34,123,000 after acquiring an additional 57,504 shares during the last quarter.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Up 0.4%

Shares of NYSEARCA GSLC traded up $0.64 during midday trading on Monday, hitting $146.37. The stock had a trading volume of 203,100 shares, compared to its average volume of 299,962. The company has a market capitalization of $15.16 billion, a PE ratio of 24.08 and a beta of 0.99. The stock has a 50 day simple moving average of $146.59 and a 200-day simple moving average of $141.98. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 1 year low of $121.12 and a 1 year high of $148.93.

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.