Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Reaches New 52-Week High – Here’s What Happened

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $77.03 and last traded at $76.52, with a volume of 2349 shares changing hands. The stock had previously closed at $76.75.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Trading Down 1.0%

The company has a 50 day moving average price of $72.04 and a 200-day moving average price of $67.08. The company has a market cap of $646.09 million, a P/E ratio of 15.78 and a beta of 0.98.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

Several hedge funds have recently modified their holdings of the company. Osaic Holdings Inc. boosted its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 280.1% during the 2nd quarter. Osaic Holdings Inc. now owns 50,258 shares of the company’s stock valued at $3,448,000 after acquiring an additional 37,037 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 12.0% during the 2nd quarter. Raymond James Financial Inc. now owns 231,414 shares of the company’s stock worth $15,877,000 after buying an additional 24,834 shares during the period. Betterment LLC lifted its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 28.0% in the 2nd quarter. Betterment LLC now owns 762,667 shares of the company’s stock valued at $52,327,000 after purchasing an additional 166,695 shares during the period. NewEdge Advisors LLC lifted its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 8.8% in the 2nd quarter. NewEdge Advisors LLC now owns 6,937 shares of the company’s stock valued at $476,000 after purchasing an additional 563 shares during the period. Finally, Bell Investment Advisors Inc lifted its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 11.1% in the 2nd quarter. Bell Investment Advisors Inc now owns 96,836 shares of the company’s stock valued at $6,644,000 after purchasing an additional 9,691 shares during the period.

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.