Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC Shares Sold by First Foundation Advisors

First Foundation Advisors trimmed its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 3.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 467,341 shares of the company’s stock after selling 17,681 shares during the period. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF accounts for about 2.3% of First Foundation Advisors’ holdings, making the stock its 9th largest holding. First Foundation Advisors’ holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $61,862,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Stonehearth Capital Management LLC raised its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.4% in the 4th quarter. Stonehearth Capital Management LLC now owns 17,550 shares of the company’s stock valued at $2,323,000 after acquiring an additional 77 shares during the last quarter. Truepoint Inc. boosted its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.8% during the third quarter. Truepoint Inc. now owns 4,696 shares of the company’s stock worth $612,000 after purchasing an additional 83 shares during the last quarter. Moors & Cabot Inc. boosted its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.3% during the third quarter. Moors & Cabot Inc. now owns 6,569 shares of the company’s stock worth $856,000 after purchasing an additional 84 shares during the last quarter. Lantern Wealth Advisors LLC grew its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.6% in the third quarter. Lantern Wealth Advisors LLC now owns 1,957 shares of the company’s stock valued at $255,000 after purchasing an additional 86 shares during the period. Finally, Blair William & Co. IL increased its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 2.8% in the third quarter. Blair William & Co. IL now owns 3,316 shares of the company’s stock valued at $432,000 after purchasing an additional 91 shares during the last quarter.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Trading Down 0.1%

NYSEARCA GSLC opened at $139.79 on Wednesday. The business’s 50-day moving average price is $131.32 and its 200 day moving average price is $131.94. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a twelve month low of $113.27 and a twelve month high of $140.27. The company has a market capitalization of $15.32 billion, a PE ratio of 24.08 and a beta of 0.99.

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.