Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Sees Large Volume Increase – Here’s What Happened

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) shares saw an uptick in trading volume on Wednesday . 99,998 shares traded hands during trading, an increase of 128% from the previous session’s volume of 43,812 shares.The stock last traded at $88.98 and had previously closed at $90.08.

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

The company has a fifty day moving average of $88.31 and a two-hundred day moving average of $82.34. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of 15.78 and a beta of 1.04.

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

Several hedge funds have recently bought and sold shares of GSSC. Fifth Third Bancorp bought a new stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the first quarter worth $28,000. Northwestern Mutual Wealth Management Co. boosted its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 850.0% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 399 shares of the company’s stock valued at $30,000 after buying an additional 357 shares in the last quarter. Optima Capital LLC bought a new position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the fourth quarter valued at about $35,000. Cornerstone Planning Group LLC acquired a new position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the first quarter worth about $47,000. Finally, Western Wealth Management LLC bought a new position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the first quarter worth about $47,000.

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.