Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Sees Strong Trading Volume – Time to Buy?

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) shares saw strong trading volume on Thursday . 238,174 shares traded hands during mid-day trading, a decline of 5% from the previous session’s volume of 251,806 shares.The stock last traded at $111.95 and had previously closed at $111.38.

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

The stock has a market cap of $12.61 billion, a price-to-earnings ratio of 23.52 and a beta of 1.00. The stock’s 50-day moving average is $116.42 and its 200-day moving average is $115.48.

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

Several institutional investors have recently made changes to their positions in GSLC. Thurston Springer Miller Herd & Titak Inc. lifted its position in 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 valued at $26,000 after buying an additional 138 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 3rd quarter valued at $831,000. JPMorgan Chase & Co. boosted its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 13.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 320,164 shares of the company’s stock worth $36,159,000 after purchasing an additional 36,712 shares during the period. Oppenheimer & Co. Inc. raised its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 22.6% in the third quarter. Oppenheimer & Co. Inc. now owns 3,570 shares of the company’s stock valued at $403,000 after purchasing an additional 659 shares during the period. Finally, Vontobel Holding Ltd. acquired a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the fourth quarter worth about $230,000.

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.