Manning & Napier Advisors LLC Increases Position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC

Manning & Napier Advisors LLC lifted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 72.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,437 shares of the company’s stock after acquiring an additional 6,464 shares during the period. Manning & Napier Advisors LLC’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $1,932,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Quest 10 Wealth Builders Inc. bought a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the fourth quarter valued at about $26,000. EPG Wealth Management LLC bought a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the fourth quarter worth about $27,000. Tsfg LLC raised its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 112.5% in the fourth quarter. Tsfg LLC now owns 204 shares of the company’s stock worth $27,000 after purchasing 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 valued at about $29,000. Finally, Sunbelt Securities Inc. lifted its position 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 valued at $34,000 after buying an additional 163 shares during the last quarter.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Performance

NYSEARCA:GSLC opened at $143.73 on Monday. The company’s 50-day simple moving average is $141.18 and its 200-day simple moving average is $135.03. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a fifty-two week low of $120.99 and a fifty-two week high of $144.46. The stock has a market capitalization of $15.58 billion, a P/E ratio of 24.08 and a beta of 0.99.

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.