Sterling Financial Group Inc. Invests $38.37 Million in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)

Sterling Financial Group Inc. bought a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 333,126 shares of the company’s stock, valued at approximately $38,369,000. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF comprises about 14.3% of Sterling Financial Group Inc.’s portfolio, making the stock its biggest position.

Several other large investors also recently added to or reduced their stakes in the business. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 162.4% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 223 shares of the company’s stock valued at $26,000 after acquiring an additional 138 shares during the last quarter. Eastern Bank bought a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the fourth quarter worth approximately $49,000. Brown Brothers Harriman & Co. bought a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the second quarter worth approximately $67,000. Whittier Trust Co. of Nevada Inc. grew its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 51.5% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 750 shares of the company’s stock valued at $85,000 after purchasing an additional 255 shares during the last quarter. Finally, Pinnacle Bancorp Inc. raised its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 22.7% in the third quarter. Pinnacle Bancorp Inc. now owns 1,091 shares of the company’s stock valued at $123,000 after purchasing an additional 202 shares during the period.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Trading Down 0.1 %

NYSEARCA GSLC opened at $116.72 on Friday. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 1 year low of $93.04 and a 1 year high of $121.00. The company has a fifty day simple moving average of $117.59 and a 200 day simple moving average of $112.79. The company has a market cap of $13.49 billion, a P/E ratio of 22.89 and a beta of 0.98.

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.