Sowell Financial Services LLC Makes New $12.42 Million Investment in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

Sowell Financial Services LLC bought a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 85,612 shares of the company’s stock, valued at approximately $12,417,000. Sowell Financial Services LLC owned 0.08% of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its holdings in shares of 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 valued at $451,532,000 after buying an additional 503,551 shares during the period. Retirement Planning Group LLC acquired a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the third quarter worth about $20,532,000. Lincoln Capital Corp acquired a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the third quarter worth about $11,617,000. Fifth Third Bancorp raised its stake in 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 worth $9,723,000 after acquiring an additional 72,586 shares during the period. Finally, RFG Advisory LLC lifted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 24.2% in the first quarter. RFG Advisory LLC now owns 369,331 shares of the company’s stock worth $46,214,000 after acquiring an additional 71,844 shares during the last quarter.

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

Shares of NYSEARCA GSLC opened at $147.01 on Wednesday. The firm’s 50-day moving average price is $146.56 and its two-hundred day moving average price is $142.28. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 52-week low of $121.12 and a 52-week high of $148.93. The stock has a market capitalization of $15.23 billion, a P/E ratio of 24.08 and a beta of 0.99.

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.