Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $48.66 and traded as high as $51.00. Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF shares last traded at $50.80, with a volume of 40,821 shares trading hands.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Stock Performance

The stock has a market cap of $949.96 million, a price-to-earnings ratio of 20.57 and a beta of 0.70. The business’s 50 day moving average is $50.54 and its 200 day moving average is $48.66.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF

A number of institutional investors have recently bought and sold shares of GLOV. National Bank of Canada FI increased its stake in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 60.8% in the second quarter. National Bank of Canada FI now owns 817 shares of the company’s stock worth $38,000 after acquiring an additional 309 shares during the last quarter. Maia Wealth LLC bought a new stake in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF during the 2nd quarter valued at approximately $230,000. Empirical Asset Management LLC boosted its position in shares of 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 period. CoreCap Advisors LLC bought a new stake in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF in the 2nd quarter valued at $1,848,000. Finally, Cetera Investment Advisers grew its position in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 6.2% during the first quarter. Cetera Investment Advisers now owns 58,912 shares of the company’s stock worth $2,765,000 after buying an additional 3,439 shares in the last quarter.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Company Profile

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.