RiverFront Investment Group LLC Sells 789,281 Shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)

RiverFront Investment Group LLC trimmed its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 33.9% in the second quarter, Holdings Channel reports. The institutional investor owned 1,539,455 shares of the company’s stock after selling 789,281 shares during the period. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF makes up 4.4% of RiverFront Investment Group LLC’s holdings, making the stock its 6th biggest holding. RiverFront Investment Group LLC’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $164,645,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cetera Investment Advisers boosted its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 3.2% in the 2nd quarter. Cetera Investment Advisers now owns 862,771 shares of the company’s stock valued at $92,273,000 after buying an additional 26,532 shares in the last quarter. 3Chopt Investment Partners LLC acquired a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the second quarter valued at $757,000. NewEdge Advisors LLC grew its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 25.6% during the second quarter. NewEdge Advisors LLC now owns 17,887 shares of the company’s stock worth $1,913,000 after purchasing an additional 3,643 shares during the last quarter. Creative Planning increased its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 3.6% during the second quarter. Creative Planning now owns 51,523 shares of the company’s stock worth $5,510,000 after purchasing an additional 1,802 shares in the last quarter. Finally, SkyView Investment Advisors LLC lifted its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.3% in the 2nd quarter. SkyView Investment Advisors LLC now owns 748,033 shares of the company’s stock valued at $80,002,000 after purchasing an additional 1,958 shares during the last quarter.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Down 0.9 %

Shares of NYSEARCA GSLC opened at $111.92 on Wednesday. The business has a 50-day moving average price of $108.64 and a 200 day moving average price of $105.76. The stock has a market cap of $12.94 billion, a PE ratio of 22.89 and a beta of 0.98. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 52-week low of $80.74 and a 52-week high of $113.09.

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