Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $48.85 and traded as high as $51.87. Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF shares last traded at $51.85, with a volume of 78,892 shares trading hands.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Stock Performance

The company has a market cap of $969.51 million, a P/E ratio of 20.57 and a beta of 0.70. The business has a fifty day simple moving average of $50.64 and a 200 day simple moving average of $48.85.

Institutional Trading of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF

Several institutional investors have recently added to or reduced their stakes in the business. Jane Street Group LLC grew its position in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 137.9% during the 1st quarter. Jane Street Group LLC now owns 95,743 shares of the company’s stock valued at $4,494,000 after buying an additional 55,506 shares during the last quarter. Cetera Investment Advisers boosted its position in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 6.2% during the 1st quarter. Cetera Investment Advisers now owns 58,912 shares of the company’s stock valued at $2,765,000 after purchasing an additional 3,439 shares during the period. Maia Wealth LLC bought a new position in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF during the 2nd quarter worth $230,000. Envestnet Portfolio Solutions Inc. increased its position in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 1.7% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 64,881 shares of the company’s stock worth $3,038,000 after buying an additional 1,090 shares during the period. Finally, National Bank of Canada FI lifted its stake in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 60.8% in the second quarter. National Bank of Canada FI now owns 817 shares of the company’s stock valued at $38,000 after buying an additional 309 shares during the last quarter.

About Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF

The Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF (GLOV) is an exchange-traded fund that mostly invests in total market equity. The fund selects large- and mid-cap stocks in developed markets based on four factors: value, momentum, quality and an emphasis on low volatility. GLOV was launched on Mar 15, 2022 and is managed by Goldman Sachs.