Successful Portfolios LLC Trims Stock Position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)

Successful Portfolios LLC recently decreased its holdings in the Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 9.9% in the first quarter, selling 214 shares and leaving them with 1,940 shares valued at $201,000. This move indicates a shift in their investment strategy, possibly due to market conditions or a change in their overall portfolio allocation.

Other institutional investors have also made adjustments to their positions in the company. For example, FMR LLC increased its stake by 0.4% during the third quarter, while O Shaughnessy Asset Management LLC and Axxcess Wealth Management LLC saw significant growth in their holdings. Legacy Advisors LLC and KPP Advisory Services LLC also made notable moves in their positions.

The stock performance of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF shows that it opened at $106.95 on Tuesday, with a fifty-day moving average of $104.01 and a 200-day moving average of $100.38. The company has a market cap of $12.36 billion, a P/E ratio of 22.89, and a beta of 0.98. These numbers provide insight into the company’s financial health and market stability.

The ETF primarily invests in large-cap equity and tracks an index of US large-cap stocks based on four sub-indexes: value, momentum, quality, and low volatility. Each sub-index receives equal weight, and the fund uses multiple factors to select stocks, aiming to provide diversified exposure to the market.

Overall, these changes in institutional holdings and the stock performance of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF suggest a dynamic investment landscape with potential opportunities for investors. DailyBubble sees these developments as indicative of the ever-changing nature of the market and the importance of staying informed and adaptable in investment strategies.