Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Hits New 1-Year Low – Time to Sell?

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $94.88 and last traded at $95.27, with a volume of 50107 shares traded. The stock had previously closed at $99.62.

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

The business’s 50 day simple moving average is $113.44 and its 200 day simple moving average is $115.28. The company has a market capitalization of $12.08 billion, a price-to-earnings ratio of 23.10 and a beta of 1.00.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Tuesday, March 25th were given a $0.3359 dividend. The ex-dividend date was Tuesday, March 25th. This is a boost from Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF’s previous dividend of $0.31.

Institutional Trading of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

Hedge funds have recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 162.4% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 223 shares of the company’s stock worth $26,000 after purchasing an additional 138 shares during the last quarter. Heritage Wealth Advisors purchased a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter worth $29,000. Farmers & Merchants Trust Co of Chambersburg PA purchased a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter worth $32,000. Alexis Investment Partners LLC acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 4th quarter worth $35,000. Finally, Millstone Evans Group LLC purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the fourth quarter valued at about $36,000.

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.