Fifth Third Bancorp Raises Position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF $GSLC
by Michael Walen · The Markets DailyFifth Third Bancorp lifted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC – Free Report) by 1,419.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,700 shares of the company’s stock after purchasing an additional 72,586 shares during the period. Fifth Third Bancorp’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $9,723,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Manning & Napier Advisors LLC lifted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 72.0% during the first quarter. Manning & Napier Advisors LLC now owns 15,437 shares of the company’s stock valued at $1,932,000 after purchasing an additional 6,464 shares in the last quarter. Mason & Associates Inc grew its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.6% during the first quarter. Mason & Associates Inc now owns 22,854 shares of the company’s stock valued at $2,780,000 after purchasing an additional 362 shares during the period. Kestra Advisory Services LLC increased its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 20.2% in the first quarter. Kestra Advisory Services LLC now owns 42,007 shares of the company’s stock worth $5,256,000 after buying an additional 7,064 shares in the last quarter. Axxcess Wealth Management LLC increased its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 2.1% in the first quarter. Axxcess Wealth Management LLC now owns 280,056 shares of the company’s stock worth $35,043,000 after buying an additional 5,867 shares in the last quarter. Finally, Cvfg LLC bought a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the first quarter worth about $2,342,000.
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Up 0.3%
NYSEARCA GSLC opened at $143.58 on Thursday. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 52 week low of $120.99 and a 52 week high of $144.46. The company has a market capitalization of $15.51 billion, a P/E ratio of 24.08 and a beta of 0.99. The stock’s 50-day moving average price is $141.48 and its 200-day moving average price is $135.22.
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Company 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. GSLC was launched on Sep 21, 2015 and is managed by Goldman Sachs.
Featured Articles
- Five stocks we like better than Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
- Why Johnson & Johnson’s Earnings Dip Looks Like a Buying Opportunity
- CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks
- Why ASML’s AI Monopoly Is Still Getting Stronger
- Apple’s AI Toll Booth Thesis Faces Its Biggest Test Yet Before Earnings
Want to see what other hedge funds are holding GSLC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC – Free Report).