Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Short Interest Up 183.5% in June

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 159,492 shares, a growth of 183.5% from the May 31st total of 56,258 shares. Based on an average daily trading volume, of 247,291 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the company’s shares are sold short.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Down 0.0%

GSLC traded down $0.01 during trading on Friday, reaching $139.31. 160,039 shares of the stock traded hands, compared to its average volume of 314,471. The stock has a market capitalization of $15.27 billion, a PE ratio of 24.08 and a beta of 0.99. The stock’s 50-day moving average is $139.95 and its 200 day moving average is $134.32. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 12 month low of $120.02 and a 12 month high of $144.46.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

Several institutional investors and hedge funds have recently made changes to their positions in GSLC. SOA Wealth Advisors LLC. increased its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 19.0% in the first quarter. SOA Wealth Advisors LLC. now owns 450 shares of the company’s stock worth $56,000 after purchasing an additional 72 shares in the last quarter. Cassaday & Co Wealth Management LLC boosted its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.4% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 19,835 shares of the company’s stock worth $2,482,000 after buying an additional 75 shares in the last quarter. KCM Investment Advisors LLC grew its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.9% during the 1st quarter. KCM Investment Advisors LLC now owns 3,980 shares of the company’s stock worth $498,000 after buying an additional 75 shares during the period. Stonehearth Capital Management LLC increased its stake in shares of 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 in the last quarter. Finally, Advisory Services Network LLC increased its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.7% in the 4th quarter. Advisory Services Network LLC now owns 10,844 shares of the company’s stock valued at $1,435,000 after acquiring an additional 77 shares in the last quarter.

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.