Madison Park Capital Advisors LLC Invests $830,000 in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)

Madison Park Capital Advisors LLC acquired a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,814 shares of the company’s stock, valued at approximately $830,000. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF accounts for about 0.8% of Madison Park Capital Advisors LLC’s holdings, making the stock its 28th largest holding.

Other institutional investors and hedge funds also recently modified their holdings of the company. Morgan Stanley boosted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.2% during the third quarter. Morgan Stanley now owns 5,201,737 shares of the company’s stock valued at $438,142,000 after purchasing an additional 63,371 shares during the last quarter. Signature Estate & Investment Advisors LLC boosted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 5.8% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 5,074,216 shares of the company’s stock valued at $476,012,000 after purchasing an additional 278,369 shares during the last quarter. Betterment LLC boosted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 3.0% during the third quarter. Betterment LLC now owns 3,391,165 shares of the company’s stock valued at $285,638,000 after purchasing an additional 100,275 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 35.2% during the third quarter. Envestnet Asset Management Inc. now owns 3,168,633 shares of the company’s stock valued at $266,894,000 after purchasing an additional 825,290 shares during the last quarter. Finally, Financial Management Professionals Inc. boosted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 2.5% during the fourth quarter. Financial Management Professionals Inc. now owns 876,696 shares of the company’s stock valued at $82,243,000 after purchasing an additional 21,514 shares during the last quarter.

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

NYSEARCA GSLC traded up $1.14 during trading hours on Tuesday, hitting $100.01. 251,661 shares of the company traded hands, compared to its average volume of 349,639. The business’s 50-day moving average is $101.24 and its 200-day moving average is $94.42. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a twelve month low of $80.04 and a twelve month high of $104.23. The stock has a market capitalization of $11.69 billion, a price-to-earnings ratio of 23.31 and a beta of 0.98.

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.