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

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $73.20 and last traded at $73.20, with a volume of 1305 shares trading hands. The stock had previously closed at $70.03.

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

The company has a market cap of $582.89 million, a price-to-earnings ratio of 11.08 and a beta of 1.14. The firm has a 50-day moving average price of $68.57 and a 200 day moving average price of $66.15.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of GSSC. American National Bank grew its holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 3.8% during the 2nd quarter. American National Bank now owns 523,471 shares of the company’s stock worth $33,164,000 after acquiring an additional 19,023 shares during the period. LPL Financial LLC grew its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 6.1% in the 2nd quarter. LPL Financial LLC now owns 521,568 shares of the company’s stock valued at $33,044,000 after buying an additional 30,141 shares in the last quarter. First Foundation Advisors grew its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 35.9% in the 2nd quarter. First Foundation Advisors now owns 518,862 shares of the company’s stock valued at $32,872,000 after buying an additional 137,059 shares in the last quarter. Commonwealth Equity Services LLC grew its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 23.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 292,844 shares of the company’s stock valued at $18,553,000 after purchasing an additional 55,397 shares in the last quarter. Finally, 1900 Wealth Management LLC grew its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 34.2% during the 3rd quarter. 1900 Wealth Management LLC now owns 250,399 shares of the company’s stock valued at $16,414,000 after purchasing an additional 63,810 shares in 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.