Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) Stock Price Down 1.7% – Should You Sell?

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOVGet Free Report) shares fell 1.7% during mid-day trading on Monday . The stock traded as low as $48.95 and last traded at $48.95. 88,654 shares changed hands during mid-day trading, The stock had previously closed at $49.80.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Price Performance

The business has a 50 day simple moving average of $50.67 and a 200 day simple moving average of $49.75. The company has a market cap of $922.13 million, a price-to-earnings 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 declared a dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 23rd were issued 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

Hedge funds have recently added to or reduced their stakes in the stock. Cetera Investment Advisers lifted its position in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 2.9% during the second quarter. Cetera Investment Advisers now owns 60,635 shares of the company’s stock worth $2,840,000 after purchasing an additional 1,723 shares in the last quarter. National Bank of Canada FI lifted its holdings in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 293.5% during the 3rd quarter. National Bank of Canada FI now owns 3,215 shares of the company’s stock worth $163,000 after buying an additional 2,398 shares in the last quarter. Principal Securities Inc. boosted its position in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 6.8% in the 3rd quarter. Principal Securities Inc. now owns 92,440 shares of the company’s stock valued at $4,698,000 after buying an additional 5,896 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 3.9% during the second quarter. Envestnet Asset Management Inc. now owns 218,346 shares of the company’s stock worth $10,225,000 after acquiring an additional 8,245 shares during the last quarter. Finally, Empirical Asset Management LLC boosted its holdings in 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 acquiring an additional 15,143 shares during the last quarter.

About Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF

(Get Free Report)

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.

Further Reading

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