Fisher Asset Management LLC recently acquired 2,585 shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC), valued at approximately $243,000. Other institutional investors and hedge funds have also made changes to their positions in the company, including Anchor Investment Management LLC, CarsonAllaria Wealth Management Ltd., Whittier Trust Co. of Nevada Inc., Carolinas Wealth Consulting LLC, and FNY Investment Advisers LLC.
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) is an exchange-traded fund that primarily invests in large-cap equity, tracking an index of US large-cap stocks across four sub-indexes: value, momentum, quality, and low volatility. Each sub-index receives equal weight, making it a diversified investment option for those interested in large-cap stocks.
In terms of stock performance, GSLC opened at $107.07 on Wednesday with a market capitalization of $12.38 billion. The stock has a price-to-earnings ratio of 22.89 and a beta of 0.98, with a 1-year low of $80.74 and a 1-year high of $108.06. The 50-day moving average price is $103.34, and the 200-day moving average price is $99.97.
DailyBubble sees Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF as a solid investment option for those looking to diversify their portfolio with large-cap equity. With a focus on multiple factors in stock selection and equal weighting across sub-indexes, GSLC offers a balanced approach to investing in the US large-cap market.