Truist Financial Corp Sells 36,598 Shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF $GLOV

Truist Financial Corp lessened its stake in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) by 49.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 37,078 shares of the company’s stock after selling 36,598 shares during the quarter. Truist Financial Corp owned approximately 0.15% of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF worth $2,112,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its holdings in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 31.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 351,816 shares of the company’s stock valued at $19,269,000 after buying an additional 83,511 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF in the second quarter valued at about $2,340,000. Envestnet Portfolio Solutions Inc. raised its stake in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 8.5% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 50,335 shares of the company’s stock valued at $2,868,000 after acquiring an additional 3,942 shares during the last quarter. Private Trust Co. NA boosted its holdings in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 809.7% during the third quarter. Private Trust Co. NA now owns 2,911 shares of the company’s stock worth $166,000 after purchasing an additional 2,591 shares during the period. Finally, Royal Bank of Canada boosted its holdings in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 18.8% during the first quarter. Royal Bank of Canada now owns 5,482 shares of the company’s stock worth $282,000 after purchasing an additional 868 shares during the period.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Price Performance

The business has a 50-day simple moving average of $58.11 and a 200-day simple moving average of $57.00. Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF has a 12 month low of $46.01 and a 12 month high of $55.58. The company has a market capitalization of $1.28 billion, a PE ratio of 19.52 and a beta of 0.74.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Company Profile

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.