Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Sees Strong Trading Volume – What’s Next?

Shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) saw unusually-high trading volume on Friday . Approximately 96,264 shares were traded during mid-day trading, an increase of 122% from the previous session’s volume of 43,397 shares.The stock last traded at $90.84 and had previously closed at $90.58.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Trading Up 0.5%

The business’s 50 day moving average price is $90.26 and its two-hundred day moving average price is $83.73. The stock has a market cap of $1.07 billion, a P/E ratio of 15.78 and a beta of 1.04.

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

Several hedge funds have recently made changes to their positions in the company. LPL Financial LLC lifted its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 28.7% during the fourth quarter. LPL Financial LLC now owns 920,707 shares of the company’s stock valued at $69,633,000 after purchasing an additional 205,514 shares during the last quarter. Bank of America Corp DE increased its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 60.8% during the 3rd quarter. Bank of America Corp DE now owns 509,254 shares of the company’s stock valued at $38,138,000 after buying an additional 192,578 shares in the last quarter. Raymond James Financial Inc. increased its position 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 valued at $15,877,000 after buying an additional 24,834 shares in the last quarter. Paul R. Ried Financial Group LLC raised its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 2.9% during the second quarter. Paul R. Ried Financial Group LLC now owns 191,659 shares of the company’s stock valued at $17,491,000 after buying an additional 5,362 shares during the last quarter. Finally, Verus Capital Partners LLC raised its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 6.5% during the first quarter. Verus Capital Partners LLC now owns 176,089 shares of the company’s stock valued at $13,127,000 after buying an additional 10,811 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.