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

Shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $81.92 and last traded at $81.92, with a volume of 1171 shares. The stock had previously closed at $80.48.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Stock Up 2.4%

The business has a 50-day simple moving average of $77.27 and a 200-day simple moving average of $76.63. The company has a market cap of $949.90 million, a PE ratio of 15.78 and a beta of 1.04.

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

Hedge funds and other institutional investors have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 850.0% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 399 shares of the company’s stock worth $30,000 after purchasing an additional 357 shares in the last quarter. Optima Capital LLC acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the fourth quarter worth about $35,000. Montag A & Associates Inc. acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the fourth quarter worth about $63,000. Worth Financial Advisory Group LLC acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the third quarter worth about $201,000. Finally, Private Trust Co. NA increased its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 368.1% during the third quarter. Private Trust Co. NA now owns 2,804 shares of the company’s stock worth $210,000 after purchasing an additional 2,205 shares in 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.