Acorn Financial Advisory Services Inc. ADV Cuts Stock Holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)

Acorn Financial Advisory Services Inc. ADV decreased its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 12.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,060 shares of the company’s stock after selling 569 shares during the period. Acorn Financial Advisory Services Inc. ADV’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $459,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of GSLC. Oppenheimer & Co. Inc. lifted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 10.7% during the first quarter. Oppenheimer & Co. Inc. now owns 2,764 shares of the company’s stock worth $287,000 after acquiring an additional 267 shares during the period. White Lighthouse Investment Management Inc. bought a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the first quarter valued at $207,000. MAI Capital Management raised its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 3.3% in the first quarter. MAI Capital Management now owns 160,067 shares of the company’s stock valued at $16,613,000 after buying an additional 5,185 shares during the period. Cozad Asset Management Inc. raised its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 7.8% in the first quarter. Cozad Asset Management Inc. now owns 88,443 shares of the company’s stock valued at $9,179,000 after buying an additional 6,424 shares during the period. Finally, Koshinski Asset Management Inc. raised its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 437.1% in the first quarter. Koshinski Asset Management Inc. now owns 19,851 shares of the company’s stock valued at $2,060,000 after buying an additional 16,155 shares during the period.

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

Shares of GSLC traded up $0.53 during mid-day trading on Friday, hitting $118.27. The stock had a trading volume of 194,627 shares, compared to its average volume of 256,081. The firm has a market cap of $13.67 billion, a P/E ratio of 22.89 and a beta of 0.98. The business has a fifty day moving average price of $112.48 and a 200-day moving average price of $108.15. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 52 week low of $85.48 and a 52 week high of $118.50.

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.