Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC Stock Position Reduced by Appleton Partners Inc. MA

Appleton Partners Inc. MA lessened its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 1.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 423,087 shares of the company’s stock after selling 6,371 shares during the quarter. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF accounts for about 3.7% of Appleton Partners Inc. MA’s holdings, making the stock its 3rd biggest position. Appleton Partners Inc. MA owned approximately 0.37% of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF worth $56,004,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Betterment LLC boosted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.4% during the third quarter. Betterment LLC now owns 5,847,849 shares of the company’s stock valued at $761,858,000 after purchasing an additional 248,198 shares during the last quarter. Bank of America Corp DE increased its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.5% in the 2nd quarter. Bank of America Corp DE now owns 3,069,380 shares of the company’s stock worth $372,561,000 after purchasing an additional 14,917 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,511,829 shares of the company’s stock worth $327,241,000 after purchasing an additional 20,804 shares during the last quarter. RiverFront Investment Group LLC raised its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.9% during the 2nd quarter. RiverFront Investment Group LLC now owns 1,807,277 shares of the company’s stock worth $219,367,000 after purchasing an additional 16,820 shares in the last quarter. Finally, HB Wealth Management LLC raised its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 7.2% during the 3rd quarter. HB Wealth Management LLC now owns 1,148,037 shares of the company’s stock worth $149,566,000 after purchasing an additional 76,936 shares in the last quarter.

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

Shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF stock opened at $126.31 on Tuesday. The firm has a market cap of $14.02 billion, a price-to-earnings ratio of 24.08 and a beta of 0.99. The stock has a 50-day simple moving average of $131.63 and a 200-day simple moving average of $131.25. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 52-week low of $94.88 and a 52-week high of $134.87.

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. GSLC was launched on Sep 21, 2015 and is managed by Goldman Sachs.