Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Stock Position Decreased by Stonehearth Capital Management LLC

Stonehearth Capital Management LLC cut its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 1.7% during the fourth quarter, Holdings Channel reports. The firm owned 16,573 shares of the company’s stock after selling 291 shares during the quarter. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF makes up approximately 0.8% of Stonehearth Capital Management LLC’s portfolio, making the stock its 23rd largest holding. Stonehearth Capital Management LLC’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $1,909,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of GSLC. Signature Estate & Investment Advisors LLC lifted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.6% during the third quarter. Signature Estate & Investment Advisors LLC now owns 4,231,556 shares of the company’s stock valued at $477,912,000 after buying an additional 26,706 shares in the last quarter. LPL Financial LLC raised its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.1% during the third quarter. LPL Financial LLC now owns 2,816,097 shares of the company’s stock valued at $318,050,000 after acquiring an additional 30,518 shares during the period. Cetera Investment Advisers lifted its position 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 acquiring an additional 26,532 shares in the last quarter. Sfmg LLC boosted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.5% in the 3rd quarter. Sfmg LLC now owns 807,979 shares of the company’s stock worth $91,253,000 after purchasing an additional 11,821 shares during the period. Finally, SkyView Investment Advisors LLC grew its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.6% during the 3rd quarter. SkyView Investment Advisors LLC now owns 752,620 shares of the company’s stock worth $85,001,000 after purchasing an additional 4,587 shares in the last quarter.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Down 0.7 %

Shares of GSLC traded down $0.77 during mid-day trading on Tuesday, reaching $116.31. The company’s stock had a trading volume of 105,310 shares, compared to its average volume of 200,974. The company has a market cap of $13.45 billion, a price-to-earnings ratio of 22.89 and a beta of 0.98. The business has a fifty day moving average of $117.37 and a 200 day moving average of $112.39. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 1 year low of $92.45 and a 1 year high of $121.00.

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.