Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Sees Large Decline in Short Interest

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 15,641 shares, a decrease of 69.5% from the June 15th total of 51,313 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 34,469 shares, the short-interest ratio is currently 0.5 days.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Trading Up 0.3%

GSSC stock traded up $0.26 during midday trading on Tuesday, reaching $90.04. The company had a trading volume of 39,539 shares, compared to its average volume of 44,030. The company has a 50 day moving average of $87.08 and a two-hundred day moving average of $81.42. The company has a market capitalization of $1.04 billion, a P/E ratio of 15.78 and a beta of 1.04. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 1 year low of $66.81 and a 1 year high of $92.00.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. LPL Financial LLC increased its position in 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 acquiring an additional 205,514 shares during the period. Bank of America Corp DE grew its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 60.8% in the 3rd quarter. Bank of America Corp DE now owns 509,254 shares of the company’s stock worth $38,138,000 after purchasing an additional 192,578 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 30,607.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 122,524 shares of the company’s stock worth $9,266,000 after purchasing an additional 122,125 shares during the last quarter. Rockefeller Capital Management L.P. grew its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 1,866.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 72,915 shares of the company’s stock worth $5,515,000 after purchasing an additional 69,207 shares during the last quarter. Finally, Capital Financial Group Inc. Co. ADV bought a new position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 4th quarter worth about $5,113,000.

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.