Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Stock Breaks Above Fifty Day Moving Average – Should You Sell?

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $146.42 and traded as high as $147.14. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF shares last traded at $146.91, with a volume of 180,178 shares.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Up 0.5%

The firm has a fifty day moving average price of $146.42 and a two-hundred day moving average price of $139.14. The stock has a market capitalization of $15.22 billion, a P/E ratio of 24.08 and a beta of 0.99.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

Hedge funds have recently added to or reduced their stakes in the company. Arlington Trust Co LLC purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the second quarter worth $28,000. SYM FINANCIAL Corp bought a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 3rd quarter worth about $40,000. Brown Lisle Cummings Inc. lifted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 67.8% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 292 shares of the company’s stock valued at $42,000 after acquiring an additional 118 shares during the period. Root Financial Partners LLC bought a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 3rd quarter valued at about $45,000. Finally, Vision Retirement LLC lifted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 32.2% during the 1st quarter. Vision Retirement LLC now owns 406 shares of the company’s stock valued at $51,000 after acquiring an additional 99 shares during the period.

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.