Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Reaches New 1-Year High – Should You Buy?

by · The Markets Daily

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $90.97 and last traded at $90.97, with a volume of 7452 shares traded. The stock had previously closed at $90.75.

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

The firm’s 50-day simple moving average is $85.39 and its 200 day simple moving average is $80.41. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 15.78 and a beta of 1.05.

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

Institutional investors and hedge funds have recently modified their holdings of the business. Fifth Third Bancorp acquired a new position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the first quarter worth about $28,000. Northwestern Mutual Wealth Management Co. boosted its stake 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 valued at $30,000 after purchasing an additional 357 shares in the last quarter. Optima Capital LLC bought a new stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 4th quarter valued at approximately $35,000. Cornerstone Planning Group LLC acquired a new position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 1st quarter worth approximately $47,000. Finally, Western Wealth Management LLC acquired a new position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 1st quarter worth approximately $47,000.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Company Profile

(Get Free Report)

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.

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