Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (GLOV)
Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $59.30, up 0.44% on the session, giving a market capitalisation of $1.55B. Its beta of 0.75 implies it has historically moved less than the broad market.
To meet its investment objective, the fund allocates at least 80% of its portfolio to assets tracking its underlying index. This encompasses direct holdings of index securities, depositary receipts representing them, or the foundational shares backing those receipts. The benchmark index itself is constructed to offer broad exposure to large and mid-sized company stocks from developed nations, prominently featuring the United States.
Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF is most often compared with the following Financial Services names: