GSLC Stock Summary and Trading Ideas (Goldman Sachs Activebeta U.S. Large Cap Equity ETF | ARCA:GSLC)

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF seeks to provide investment results that closely correspond to the performance of the Fund Index. The Goldman Sachs ActiveBeta U.S. Large Cap Equity Index ( the Index ) is designed to deliver exposure to equity securities of large-capitalization U.S. issuers. The Index seeks to capture common sources of active equity returns, including value (i.e., the security s price compared to market value), momentum (i.e., performance history), quality (i.e., profitability relative to total assets) and volatility (i.e., consistency of returns). The Index is reconstituted and rebalanced quarterly.

Goldman Sachs Activebeta U.S. Large Cap Equity ETF trades on the ARCA stock market under the symbol GSLC.

As of April 19, 2024, GSLC stock price declined to $98.05 with 189,553 million shares trading.

GSLC has a beta of 0.99, meaning it tends to be less sensitive to market movements. GSLC has a correlation of 0.99 to the broad based SPY ETF.

GSLC has a market cap of $11.43 billion. This is considered a Large Cap stock.

In the last 3 years, GSLC stock traded as high as $104.23 and as low as $69.51.

GSLC has underperformed the market in the last year with a price return of +21.0% while the SPY ETF gained +21.2%. However, in the short term, GSLC had mixed performance relative to the market. It has outperformed in the last 3 months, returning +4.3% vs +4.3% return in SPY. But in the last 2 weeks, GSLC shares have been beat by the market, returning -3.5% compared to an SPY return of -3.5%.

GSLC support price is $98.05 and resistance is $99.63 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GSLC stock will trade within this expected range on the day.