Envestnet Portfolio Solutions Inc. Boosts Stock Position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF $GSSC

Envestnet Portfolio Solutions Inc. lifted its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) by 22.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 53,428 shares of the company’s stock after purchasing an additional 9,872 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF were worth $4,041,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GSSC. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 850.0% in the 3rd 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 purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the 4th quarter worth about $35,000. Montag A & Associates Inc. purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the 4th quarter worth about $63,000. Integrated Wealth Concepts LLC boosted its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 6.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 3,663 shares of the company’s stock worth $232,000 after purchasing an additional 213 shares in the last quarter. Finally, Mengis Capital Management Inc. purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the 3rd quarter worth about $241,000.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Trading Up 0.6%

GSSC opened at $83.77 on Friday. The stock has a 50-day moving average price of $79.23 and a 200-day moving average price of $77.90. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 12-month low of $64.03 and a 12-month high of $85.36. The stock has a market capitalization of $963.36 million, a P/E ratio of 15.78 and a beta of 1.06.

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.