MONECO Advisors LLC Reduces Stock Position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)

MONECO Advisors LLC lessened its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 16.1% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 35,046 shares of the company’s stock after selling 6,743 shares during the period. MONECO Advisors LLC’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $3,288,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Commonwealth Equity Services LLC grew its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 6.2% in the third quarter. Commonwealth Equity Services LLC now owns 811,009 shares of the company’s stock worth $68,311,000 after purchasing an additional 47,390 shares during the last quarter. Vicus Capital lifted its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.5% during the third quarter. Vicus Capital now owns 6,561 shares of the company’s stock valued at $553,000 after purchasing an additional 281 shares during the last quarter. Kingswood Wealth Advisors LLC purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the third quarter valued at approximately $491,000. Simon Quick Advisors LLC purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the third quarter valued at approximately $286,000. Finally, VeraBank N.A. increased its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 86.2% in the 3rd quarter. VeraBank N.A. now owns 4,706 shares of the company’s stock worth $396,000 after buying an additional 2,179 shares in the last quarter.

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

Shares of GSLC traded down $1.60 during midday trading on Tuesday, hitting $99.08. 163,690 shares of the company traded hands, compared to its average volume of 339,764. The firm has a 50 day moving average of $101.38 and a 200-day moving average of $94.94. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 52 week low of $80.04 and a 52 week high of $104.23. The stock has a market cap of $11.58 billion, a price-to-earnings ratio of 23.31 and a beta of 0.98.

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.