Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Hits New 52-Week High – Should You Buy?

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) hit a new 52-week high during trading on Monday . The company traded as high as $140.06 and last traded at $140.00, with a volume of 15420 shares. The stock had previously closed at $139.86.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Up 0.1%

The firm has a market capitalization of $15.34 billion, a PE ratio of 24.08 and a beta of 0.99. The business’s fifty day moving average price is $130.91 and its 200 day moving average price is $131.74.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. Quest 10 Wealth Builders Inc. purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the fourth quarter worth about $26,000. EPG Wealth Management LLC purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the fourth quarter worth about $27,000. Tsfg LLC grew its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 112.5% during the fourth quarter. Tsfg LLC now owns 204 shares of the company’s stock worth $27,000 after buying an additional 108 shares in the last quarter. Longview Financial Advisors Inc. purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the first quarter worth about $29,000. Finally, Sunbelt Securities Inc. grew its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 163.0% during the third quarter. Sunbelt Securities Inc. now owns 263 shares of the company’s stock worth $34,000 after buying an additional 163 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.