Lido Advisors LLC Lowers Stock Position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

Lido Advisors LLC cut its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 70.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 41,321 shares of the company’s stock after selling 97,207 shares during the quarter. Lido Advisors LLC’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $5,171,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quest 10 Wealth Builders Inc. bought a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter worth approximately $26,000. EPG Wealth Management LLC purchased a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the fourth quarter valued at approximately $27,000. Tsfg LLC boosted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 112.5% in the fourth quarter. Tsfg LLC now owns 204 shares of the company’s stock worth $27,000 after purchasing an additional 108 shares during the period. Longview Financial Advisors Inc. bought a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the first quarter worth approximately $29,000. Finally, Sunbelt Securities Inc. boosted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 163.0% in the third quarter. Sunbelt Securities Inc. now owns 263 shares of the company’s stock worth $34,000 after purchasing an additional 163 shares during the period.

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

Shares of NYSEARCA GSLC opened at $141.09 on Friday. The firm has a fifty day moving average price of $141.72 and a 200-day moving average price of $135.64. The stock has a market cap of $15.22 billion, a PE ratio of 24.08 and a beta of 0.99. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 1 year low of $121.12 and a 1 year high of $144.46.

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