RiverFront Investment Group LLC Grows Stock Position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

RiverFront Investment Group LLC raised its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 1.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,873,038 shares of the company’s stock after buying an additional 25,635 shares during the period. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF comprises about 4.1% of RiverFront Investment Group LLC’s portfolio, making the stock its 2nd biggest position. RiverFront Investment Group LLC’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $247,934,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. Betterment LLC boosted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.4% during the 3rd quarter. Betterment LLC now owns 5,847,849 shares of the company’s stock valued at $761,858,000 after purchasing an additional 248,198 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1,113.8% during the 2nd quarter. AQR Capital Management LLC now owns 250,514 shares of the company’s stock valued at $30,407,000 after purchasing an additional 229,875 shares in the last quarter. Leo Wealth LLC boosted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 89.5% during the 4th quarter. Leo Wealth LLC now owns 459,182 shares of the company’s stock valued at $60,807,000 after purchasing an additional 216,826 shares in the last quarter. RFG Advisory LLC boosted its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 139.8% during the 4th quarter. RFG Advisory LLC now owns 297,487 shares of the company’s stock valued at $39,378,000 after purchasing an additional 173,412 shares in the last quarter. Finally, Ticino Wealth bought a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter valued at about $10,212,000.

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

Shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF stock opened at $140.00 on Monday. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a one year low of $113.27 and a one year high of $141.91. The stock’s 50-day moving average is $131.86 and its 200 day moving average is $132.13. The firm has a market cap of $15.34 billion, a price-to-earnings 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.