Envestnet Asset Management Inc. Increases Position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

Envestnet Asset Management Inc. increased its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 0.8% in the third quarter, HoldingsChannel.com reports. The fund owned 2,511,829 shares of the company’s stock after buying an additional 20,804 shares during the period. Envestnet Asset Management Inc.’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $327,241,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in the company. TCI Wealth Advisors Inc. raised its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.9% in 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 last quarter. PNC Financial Services Group Inc. increased its holdings in 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 worth $1,187,000 after buying an additional 85 shares during the period. Moors & Cabot Inc. increased its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.4% in the 2nd quarter. Moors & Cabot Inc. now owns 6,485 shares of the company’s stock worth $787,000 after buying an additional 91 shares during the period. Concurrent Investment Advisors LLC raised its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 2.8% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 3,741 shares of the company’s stock worth $454,000 after buying an additional 103 shares during the last quarter. Finally, Liberty One Investment Management LLC lifted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.8% during the 2nd quarter. Liberty One Investment Management LLC now owns 14,431 shares of the company’s stock valued at $1,752,000 after acquiring an additional 111 shares during the period.

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

GSLC stock opened at $132.25 on Thursday. The company has a market capitalization of $14.68 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 12 month low of $94.88 and a 12 month high of $134.87. The firm’s fifty day simple moving average is $133.10 and its 200-day simple moving average is $129.96.

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.