Short Interest in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Decreases By 35.2%

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) was the recipient of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 103,383 shares, a decline of 35.2% from the June 15th total of 159,492 shares. Based on an average daily volume of 189,607 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

Hedge funds have recently added to or reduced their stakes in the business. Signature Estate & Investment Advisors LLC increased its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 20.3% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 5,324,452 shares of the company’s stock valued at $704,798,000 after purchasing an additional 899,397 shares in the last quarter. Axxcess Wealth Management LLC boosted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 208.1% during the fourth quarter. Axxcess Wealth Management LLC now owns 822,567 shares of the company’s stock worth $108,883,000 after purchasing an additional 555,618 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,077,759 shares of the company’s stock worth $936,883,000 after purchasing an additional 277,601 shares in the last quarter. AQR Capital Management LLC grew its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1,113.8% in the second quarter. AQR Capital Management LLC now owns 250,514 shares of the company’s stock valued at $30,407,000 after purchasing an additional 229,875 shares during the period. Finally, Leo Wealth LLC grew its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 89.5% in the fourth quarter. Leo Wealth LLC now owns 459,182 shares of the company’s stock valued at $60,807,000 after purchasing an additional 216,826 shares during the period.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Trading Down 0.9%

Shares of NYSEARCA:GSLC opened at $141.82 on Friday. The company has a market cap of $15.32 billion, a PE ratio of 24.08 and a beta of 0.99. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a twelve month low of $121.12 and a twelve month high of $144.46. The company’s 50 day moving average is $141.60 and its 200 day moving average is $135.33.

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.