Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) Shares Up 9.1% – What’s Next?

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) shot up 9.1% during mid-day trading on Wednesday . The company traded as high as $54.22 and last traded at $59.3150. 57,875 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 74,053 shares. The stock had previously closed at $54.37.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Stock Performance

The company’s 50-day moving average price is $59.32 and its 200 day moving average price is $59.31. The stock has a market capitalization of $1.43 billion, a P/E ratio of 19.52 and a beta of 0.74.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF

Several large investors have recently made changes to their positions in the business. ARQ Wealth Advisors LLC grew its position in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 14.9% during the first quarter. ARQ Wealth Advisors LLC now owns 49,028 shares of the company’s stock worth $2,760,000 after purchasing an additional 6,346 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 43.5% in the first quarter. Kestra Advisory Services LLC now owns 9,378 shares of the company’s stock worth $528,000 after buying an additional 2,843 shares in the last quarter. Syntegra Private Wealth Group LLC bought a new position in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF during the fourth quarter worth $205,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 4.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 48,965 shares of the company’s stock valued at $2,827,000 after acquiring an additional 2,294 shares in the last quarter.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Company Profile

The Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF (GLOV) is an exchange-traded fund that mostly invests in total market equity. The fund selects large- and mid-cap stocks in developed markets based on four factors: value, momentum, quality and an emphasis on low volatility. GLOV was launched on Mar 15, 2022 and is managed by Goldman Sachs.