Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) Trading 4.9% Higher – Here’s What Happened

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) was up 4.9% during mid-day trading on Monday . The company traded as high as $49.93 and last traded at $51.74. Approximately 52,701 shares traded hands during mid-day trading, The stock had previously closed at $49.31.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Stock Performance

The stock’s 50 day moving average price is $50.63 and its 200 day moving average price is $50.20. The company has a market capitalization of $967.54 million, a P/E ratio of 20.57 and a beta of 0.70.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 23rd were given a $0.2126 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Principal Securities Inc. boosted its stake in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 4.6% in the fourth quarter. Principal Securities Inc. now owns 96,652 shares of the company’s stock valued at $4,778,000 after acquiring an additional 4,212 shares during the last quarter. Jane Street Group LLC lifted its holdings in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 133.8% during the third quarter. Jane Street Group LLC now owns 69,076 shares of the company’s stock valued at $3,510,000 after purchasing an additional 39,531 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 1.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 62,867 shares of the company’s stock worth $3,108,000 after purchasing an additional 840 shares during the period. Empirical Asset Management LLC raised its position in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 180.7% in the third quarter. Empirical Asset Management LLC now owns 23,522 shares of the company’s stock valued at $1,195,000 after purchasing an additional 15,143 shares during the period. Finally, National Bank of Canada FI boosted its holdings in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 293.5% in the 3rd quarter. National Bank of Canada FI now owns 3,215 shares of the company’s stock valued at $163,000 after purchasing an additional 2,398 shares during the period.

About Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF

The Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF (GLOV) is an exchange-traded fund that mostly invests in total market equity. The fund selects large- and mid-cap stocks in developed markets based on four factors: value, momentum, quality and an emphasis on low volatility. GLOV was launched on Mar 15, 2022 and is managed by Goldman Sachs.