Acorn Financial Advisory Services Inc. ADV Sells 569 Shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)

Acorn Financial Advisory Services Inc. ADV trimmed its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) by 12.3% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 4,060 shares of the company’s stock after selling 569 shares during the quarter. Acorn Financial Advisory Services Inc. ADV’s holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF were worth $459,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Busey Bank increased its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.1% in the 3rd quarter. Busey Bank now owns 2,584 shares of the company’s stock worth $292,000 after purchasing an additional 102 shares in the last quarter. Morris Financial Concepts Inc. increased its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 2.2% in the 2nd quarter. Morris Financial Concepts Inc. now owns 5,138 shares of the company’s stock worth $550,000 after purchasing an additional 112 shares in the last quarter. Duncker Streett & Co. Inc. increased its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 81.4% in the 2nd quarter. Duncker Streett & Co. Inc. now owns 254 shares of the company’s stock worth $27,000 after purchasing an additional 114 shares in the last quarter. Summit Financial LLC increased its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 5.5% in the 2nd quarter. Summit Financial LLC now owns 2,307 shares of the company’s stock worth $247,000 after purchasing an additional 121 shares in the last quarter. Finally, Sax Wealth Advisors LLC increased its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 4.2% in the 2nd quarter. Sax Wealth Advisors LLC now owns 3,277 shares of the company’s stock worth $350,000 after purchasing an additional 131 shares in the last quarter.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Trading Up 0.5 %

GSLC traded up $0.53 on Friday, reaching $118.27. The stock had a trading volume of 194,627 shares, compared to its average volume of 256,081. The company has a market capitalization of $13.67 billion, a price-to-earnings ratio of 22.89 and a beta of 0.98. The firm has a 50-day moving average of $112.48 and a 200-day moving average of $108.15. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a fifty-two week low of $85.48 and a fifty-two week high of $118.50.

About Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

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.