Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV) Shares Up 4.9% – Here’s What Happened

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (BATS:GLOV)’s share price rose 4.9% during mid-day trading on Monday . The stock traded as high as $49.93 and last traded at $51.74. Approximately 52,701 shares changed hands during trading, The stock had previously closed at $49.31.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF Price Performance

The business’s 50 day simple moving average is $50.63 and its 200 day simple moving average is $50.20. The company has a market capitalization of $967.54 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 company also recently disclosed a dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 23rd were issued a dividend of $0.2126 per share. The ex-dividend date was Monday, December 23rd.

Institutional Trading of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF

Several hedge funds have recently modified their holdings of GLOV. Jane Street Group LLC lifted its holdings in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 133.8% during the third quarter. Jane Street Group LLC now owns 69,076 shares of the company’s stock worth $3,510,000 after acquiring an additional 39,531 shares in the last quarter. Empirical Asset Management LLC lifted its holdings in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 180.7% during the 3rd 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 in the last quarter. National Bank of Canada FI grew its position in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 293.5% in the 3rd quarter. National Bank of Canada FI now owns 3,215 shares of the company’s stock valued at $163,000 after purchasing an additional 2,398 shares during the period. Principal Securities Inc. grew its position in shares of Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 6.8% in the 3rd quarter. Principal Securities Inc. now owns 92,440 shares of the company’s stock valued at $4,698,000 after purchasing an additional 5,896 shares during the period. Finally, Envestnet Portfolio Solutions Inc. increased its stake in Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF by 1.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 62,867 shares of the company’s stock worth $3,108,000 after purchasing an additional 840 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.