Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Sets New 12-Month High – What’s Next?

Shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) reached a new 52-week high on Monday . The company traded as high as $76.46 and last traded at $76.15, with a volume of 1594 shares changing hands. The stock had previously closed at $75.11.

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

The stock has a fifty day moving average price of $70.46 and a two-hundred day moving average price of $67.22. The company has a market cap of $594.59 million, a P/E ratio of 11.08 and a beta of 1.14.

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

A number of hedge funds have recently bought and sold shares of the business. American National Bank lifted its holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 3.8% during the second quarter. American National Bank now owns 523,471 shares of the company’s stock worth $33,164,000 after acquiring an additional 19,023 shares during the period. LPL Financial LLC increased its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 6.1% in the second quarter. LPL Financial LLC now owns 521,568 shares of the company’s stock worth $33,044,000 after buying an additional 30,141 shares during the last quarter. First Foundation Advisors increased its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 35.9% in the second quarter. First Foundation Advisors now owns 518,862 shares of the company’s stock worth $32,872,000 after buying an additional 137,059 shares during the last quarter. Commonwealth Equity Services LLC increased its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 23.3% in the second quarter. Commonwealth Equity Services LLC now owns 292,844 shares of the company’s stock worth $18,553,000 after buying an additional 55,397 shares during the last quarter. Finally, 1900 Wealth Management LLC increased its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 34.2% in the third quarter. 1900 Wealth Management LLC now owns 250,399 shares of the company’s stock worth $16,414,000 after buying an additional 63,810 shares during the last quarter.

About Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

The Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (GSSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US small-cap stocks. The index equally weights four factor-based sub-indices: value, momentum, quality, and low volatility. GSSC was launched on Jun 28, 2017 and is managed by Goldman Sachs.