Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC – Get Free Report) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totaling 2,798 shares, a drop of 92.3% from the March 31st total of 36,327 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 30,731 shares, the short-interest ratio is presently 0.1 days.
Hedge Funds Weigh In On Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC bought a new position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 1st quarter worth about $254,000. CENTRAL TRUST Co increased its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 9.5% during the 1st quarter. CENTRAL TRUST Co now owns 38,484 shares of the company’s stock worth $2,869,000 after purchasing an additional 3,336 shares in the last quarter. Rockefeller Capital Management L.P. increased its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 1,866.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 72,915 shares of the company’s stock worth $5,515,000 after purchasing an additional 69,207 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 3.2% during the 4th quarter. NewEdge Advisors LLC now owns 7,552 shares of the company’s stock worth $571,000 after purchasing an additional 234 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 9.5% during the 4th quarter. Cetera Investment Advisers now owns 135,372 shares of the company’s stock worth $10,238,000 after purchasing an additional 11,737 shares in the last quarter.
Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Stock Performance
Shares of NYSEARCA:GSSC traded up $0.48 during midday trading on Friday, reaching $82.80. 23,169 shares of the company’s stock were exchanged, compared to its average volume of 51,986. The company’s 50 day simple moving average is $77.56 and its two-hundred day simple moving average is $76.89. The firm has a market capitalization of $952.20 million, a PE ratio of 15.78 and a beta of 1.04. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 12 month low of $60.53 and a 12 month high of $83.69.
Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Company Profile
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.
Further Reading
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