Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Reaches New 1-Year High – What’s Next?

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $85.82 and last traded at $85.82, with a volume of 1520 shares trading hands. The stock had previously closed at $84.45.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Stock Performance

The firm’s 50-day moving average price is $79.61 and its two-hundred day moving average price is $78.05. The firm has a market cap of $987.51 million, a PE ratio of 15.78 and a beta of 1.06.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

Several large investors have recently bought and sold shares of the stock. LPL Financial LLC grew 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 worth $69,633,000 after purchasing an additional 205,514 shares during the last quarter. Betterment LLC lifted its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 3.8% in the 3rd quarter. Betterment LLC now owns 791,873 shares of the company’s stock valued at $59,303,000 after purchasing an additional 29,206 shares during the last quarter. American National Bank & Trust boosted its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 9.0% in the 4th quarter. American National Bank & Trust now owns 513,530 shares of the company’s stock valued at $38,838,000 after purchasing an additional 42,212 shares during the period. Bank of America Corp DE grew its stake 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 worth $38,138,000 after buying an additional 192,578 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 10.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 319,610 shares of the company’s stock worth $23,936,000 after buying an additional 29,182 shares during the last quarter.

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.