RiverFront Investment Group LLC Has $207.87 Million Stock Position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)

RiverFront Investment Group LLC lifted its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 1.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 2,215,835 shares of the company’s stock after purchasing an additional 26,273 shares during the quarter. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF accounts for approximately 6.5% of RiverFront Investment Group LLC’s portfolio, making the stock its 2nd largest position. RiverFront Investment Group LLC’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $207,867,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GSLC. Commonwealth Equity Services LLC grew its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 6.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 811,009 shares of the company’s stock worth $68,311,000 after buying an additional 47,390 shares during the period. Vicus Capital grew its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.5% during the third quarter. Vicus Capital now owns 6,561 shares of the company’s stock valued at $553,000 after purchasing an additional 281 shares during the period. Kingswood Wealth Advisors LLC acquired a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the third quarter valued at approximately $491,000. Simon Quick Advisors LLC acquired a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the third quarter valued at approximately $286,000. Finally, VeraBank N.A. grew its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 86.2% during the third quarter. VeraBank N.A. now owns 4,706 shares of the company’s stock valued at $396,000 after purchasing an additional 2,179 shares during the period.

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

GSLC traded up $0.87 during trading on Friday, reaching $100.38. The company had a trading volume of 163,849 shares, compared to its average volume of 343,971. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 12 month low of $80.04 and a 12 month high of $104.23. The business’s fifty day moving average price is $101.34 and its 200 day moving average price is $94.77. The company has a market cap of $11.73 billion, a P/E ratio of 23.31 and a beta of 0.98.

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

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.