Hennion & Walsh Asset Management Inc. Has $38.59 Million Position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

Hennion & Walsh Asset Management Inc. lowered its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 51.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 271,998 shares of the company’s stock after selling 291,099 shares during the quarter. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF comprises 1.1% of Hennion & Walsh Asset Management Inc.’s investment portfolio, making the stock its 10th largest holding. Hennion & Walsh Asset Management Inc. owned approximately 0.25% of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF worth $38,594,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 11.2% in the fourth quarter. Brighton Jones LLC now owns 4,036 shares of the company’s stock worth $465,000 after purchasing an additional 406 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 341.9% in the second quarter. Russell Investments Group Ltd. now owns 4,061 shares of the company’s stock valued at $493,000 after purchasing an additional 3,142 shares during the period. NewEdge Advisors LLC lifted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 145.5% during the 2nd quarter. NewEdge Advisors LLC now owns 66,641 shares of the company’s stock valued at $8,089,000 after buying an additional 39,493 shares in the last quarter. Quantinno Capital Management LP lifted its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 22.0% during the 2nd quarter. Quantinno Capital Management LP now owns 13,498 shares of the company’s stock valued at $1,638,000 after buying an additional 2,433 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.6% in the 2nd quarter. Raymond James Financial Inc. now owns 1,136,561 shares of the company’s stock worth $137,956,000 after buying an additional 7,293 shares during the period.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Trading Up 0.8%

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF stock opened at $147.87 on Friday. The firm has a 50 day simple moving average of $142.24 and a 200 day simple moving average of $136.35. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 1-year low of $121.12 and a 1-year high of $148.23. The firm has a market capitalization of $15.54 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.