Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Reaches New 52-Week High – Here’s Why

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) reached 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. The stock had previously closed at $84.45.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Trading Up 1.7%

The stock’s fifty day moving average price is $79.61 and its two-hundred day moving average price is $78.05. The firm has a market capitalization of $987.51 million, a price-to-earnings ratio of 15.78 and a beta of 1.06.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Integrated Wealth Concepts LLC lifted its holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 6.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 3,663 shares of the company’s stock worth $232,000 after buying an additional 213 shares during the last quarter. NewEdge Advisors LLC raised 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 acquiring an additional 234 shares in the last quarter. Aire Advisors LLC raised its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 4.9% during the 1st quarter. Aire Advisors LLC now owns 5,246 shares of the company’s stock worth $391,000 after acquiring an additional 246 shares in the last quarter. Syntegra Private Wealth Group LLC lifted its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 1.8% during the fourth quarter. Syntegra Private Wealth Group LLC now owns 17,411 shares of the company’s stock worth $1,317,000 after purchasing an additional 307 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in 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 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.