Betterment LLC Boosts Stock Position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

Betterment LLC boosted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 4.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,847,849 shares of the company’s stock after acquiring an additional 248,198 shares during the quarter. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF comprises 1.5% of Betterment LLC’s investment portfolio, making the stock its 13th biggest holding. Betterment LLC owned 5.18% of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF worth $761,858,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of GSLC. TCI Wealth Advisors Inc. lifted its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.9% during the third quarter. TCI Wealth Advisors Inc. now owns 1,735 shares of the company’s stock worth $226,000 after purchasing an additional 81 shares during the period. Truepoint Inc. increased its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.8% in the 3rd quarter. Truepoint Inc. now owns 4,696 shares of the company’s stock valued at $612,000 after buying an additional 83 shares during the period. PNC Financial Services Group Inc. increased its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.9% in the 2nd quarter. PNC Financial Services Group Inc. now owns 9,778 shares of the company’s stock valued at $1,187,000 after buying an additional 85 shares during the period. Blair William & Co. IL raised its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 2.8% during the 3rd quarter. Blair William & Co. IL now owns 3,316 shares of the company’s stock worth $432,000 after buying an additional 91 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC raised its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 5.3% during the 3rd quarter. Cyndeo Wealth Partners LLC now owns 2,307 shares of the company’s stock worth $301,000 after buying an additional 116 shares during the last quarter.

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

GSLC stock opened at $127.94 on Friday. The stock has a market capitalization of $14.20 billion, a PE ratio of 24.08 and a beta of 0.99. The company has a fifty day moving average of $132.59 and a 200-day moving average of $131.17. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a one year low of $94.88 and a one year high of $134.87.

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.