Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) Trading Down 1.7% – Here’s Why

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV)’s share price fell 1.7% on Monday . The stock traded as low as $48.95 and last traded at $48.95. Approximately 88,654 shares changed hands during mid-day trading, The stock had previously closed at $49.80.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Stock Up 0.3 %

The stock has a 50-day moving average of $50.69 and a 200-day moving average of $49.73. The company has a market cap of $917.80 million, a PE ratio of 20.57 and a beta of 0.70.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 23rd were given a dividend of $0.2126 per share. The ex-dividend date was Monday, December 23rd.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF

Institutional investors have recently modified their holdings of the company. National Bank of Canada FI increased its stake in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 60.8% during the 2nd quarter. National Bank of Canada FI now owns 817 shares of the company’s stock valued at $38,000 after buying an additional 309 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 3.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 218,346 shares of the company’s stock worth $10,225,000 after purchasing an additional 8,245 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 2.9% in the 2nd quarter. Cetera Investment Advisers now owns 60,635 shares of the company’s stock worth $2,840,000 after purchasing an additional 1,723 shares in the last quarter. Empirical Asset Management LLC lifted its stake in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 180.7% during the third quarter. Empirical Asset Management LLC now owns 23,522 shares of the company’s stock valued at $1,195,000 after purchasing an additional 15,143 shares during the last quarter. Finally, Principal Securities Inc. boosted its holdings in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 6.8% during the third quarter. Principal Securities Inc. now owns 92,440 shares of the company’s stock worth $4,698,000 after buying an additional 5,896 shares in the last quarter.

About Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF

The Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF (GLOV) is an exchange-traded fund that mostly invests in total market equity. The fund selects large- and mid-cap stocks in developed markets based on four factors: value, momentum, quality and an emphasis on low volatility. GLOV was launched on Mar 15, 2022 and is managed by Goldman Sachs.