Silicon Valley Capital Partners Boosts Holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

Silicon Valley Capital Partners lifted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 5.4% in the second quarter, Holdings Channel reports. The institutional investor owned 138,245 shares of the company’s stock after acquiring an additional 7,070 shares during the quarter. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF comprises approximately 1.8% of Silicon Valley Capital Partners’ holdings, making the stock its 17th largest position. Silicon Valley Capital Partners’ holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $19,616,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Wells Fargo & Company MN lifted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.6% in the fourth quarter. Wells Fargo & Company MN now owns 28,018,723 shares of the company’s stock valued at $3,708,838,000 after acquiring an additional 172,810 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,077,759 shares of the company’s stock worth $936,883,000 after acquiring an additional 277,601 shares during the last quarter. LPL Financial LLC increased its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 3.1% during the fourth quarter. LPL Financial LLC now owns 3,163,844 shares of the company’s stock worth $418,798,000 after acquiring an additional 95,530 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 3.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,508,965 shares of the company’s stock valued at $332,112,000 after purchasing an additional 72,781 shares during the period. Finally, HB Wealth Management LLC raised its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.6% in the second quarter. HB Wealth Management LLC now owns 1,305,326 shares of the company’s stock valued at $185,213,000 after purchasing an additional 56,976 shares during the period.

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

Shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF stock traded up $2.10 during trading hours on Monday, hitting $147.52. The company’s stock had a trading volume of 271,836 shares, compared to its average volume of 309,826. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a twelve month low of $121.12 and a twelve month high of $148.93. The firm has a fifty day moving average of $145.13 and a 200-day moving average of $139.27. The stock has a market cap of $15.50 billion, a price-to-earnings ratio of 24.08 and a beta of 0.99.

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

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.