Avantax Advisory Services Inc. Raises Holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

Avantax Advisory Services Inc. increased its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 97.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,103 shares of the company’s stock after buying an additional 7,946 shares during the period. Avantax Advisory Services Inc.’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $1,955,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. IMA Advisory Services Inc. bought a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 2nd quarter worth approximately $27,000. Compass Financial Services Inc purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the second quarter valued at $32,000. Atlantic Union Bankshares Corp purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the second quarter valued at $34,000. HFM Investment Advisors LLC bought a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the first quarter worth $36,000. Finally, Parallel Advisors LLC raised its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 61.7% during the second quarter. Parallel Advisors LLC now owns 325 shares of the company’s stock valued at $39,000 after purchasing an additional 124 shares in the last quarter.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Up 1.2%

GSLC stock opened at $127.68 on Friday. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 52 week low of $94.88 and a 52 week high of $133.43. The firm has a market capitalization of $14.40 billion, a P/E ratio of 24.08 and a beta of 0.99. The company has a fifty day simple moving average of $130.16 and a two-hundred day simple moving average of $124.40.

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