Salem Investment Counselors Inc. Purchases 517 Shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)

Salem Investment Counselors Inc. grew its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 16.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,648 shares of the company’s stock after acquiring an additional 517 shares during the period. Salem Investment Counselors Inc.’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $402,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of GSLC. Heritage Wealth Advisors acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter worth about $29,000. Farmers & Merchants Trust Co of Chambersburg PA acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter worth about $32,000. Alexis Investment Partners LLC acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter worth about $35,000. Millstone Evans Group LLC acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter worth about $36,000. Finally, Rialto Wealth Management LLC acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter worth about $40,000.

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

NYSEARCA GSLC opened at $116.87 on Friday. The firm has a 50-day moving average of $111.69 and a 200-day moving average of $114.33. The stock has a market cap of $13.32 billion, a PE ratio of 23.79 and a beta of 1.00. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 52-week low of $94.88 and a 52-week high of $121.00.

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.