Kraft Davis & Associates LLC Cuts Stock Position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)

Kraft Davis & Associates LLC lowered its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 8.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,090 shares of the company’s stock after selling 384 shares during the period. Kraft Davis & Associates LLC’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $394,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Wetzel Investment Advisors Inc. purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 4th quarter worth approximately $630,000. Guidance Capital Inc. purchased a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter valued at $296,000. Goodman Advisory Group LLC boosted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 277.8% during the 4th quarter. Goodman Advisory Group LLC now owns 7,458 shares of the company’s stock valued at $700,000 after purchasing an additional 5,484 shares during the last quarter. Sfmg LLC boosted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.4% during the 4th quarter. Sfmg LLC now owns 809,615 shares of the company’s stock valued at $75,950,000 after purchasing an additional 3,053 shares during the last quarter. Finally, Crescent Grove Advisors LLC purchased a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter valued at $577,000.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Trading Down 0.8 %

GSLC traded down $0.76 during trading on Friday, hitting $98.08. 189,977 shares of the company’s stock traded hands, compared to its average volume of 342,538. The company’s 50 day simple moving average is $101.24 and its two-hundred day simple moving average is $94.15. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 12-month low of $80.04 and a 12-month high of $104.23. The stock has a market capitalization of $11.47 billion, a price-to-earnings ratio of 23.31 and a beta of 0.98.

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