Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Stock Short Interest Drops 68.3%

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 29,786 shares, a drop of 68.3% from the September 15th total of 93,950 shares. Based on an average daily volume of 213,519 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Down 1.1%

GSLC traded down $1.66 during trading on Wednesday, hitting $146.55. 118,607 shares of the company traded hands, compared to its average volume of 301,729. The firm has a market cap of $15.18 billion, a P/E ratio of 24.08 and a beta of 0.99. The stock’s fifty day moving average is $146.62 and its 200 day moving average is $141.47. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a one year low of $121.12 and a one year high of $148.93.

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

Large investors have recently modified their holdings of the stock. Envestnet Asset Management Inc. increased its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 18.8% in the second quarter. Envestnet Asset Management Inc. now owns 3,182,271 shares of the company’s stock worth $451,532,000 after purchasing an additional 503,551 shares during the last quarter. Targeted Financial Services LLC bought a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the fourth quarter valued at approximately $24,487,000. Lincoln Capital Corp bought a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the third quarter valued at approximately $11,617,000. Fifth Third Bancorp lifted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1,419.4% during the first quarter. Fifth Third Bancorp now owns 77,700 shares of the company’s stock valued at $9,723,000 after purchasing an additional 72,586 shares during the last quarter. Finally, RFG Advisory LLC grew its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 24.2% in the 1st quarter. RFG Advisory LLC now owns 369,331 shares of the company’s stock worth $46,214,000 after buying an additional 71,844 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.