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

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSCGet Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $92.19 and last traded at $92.12, with a volume of 11264 shares trading hands. The stock had previously closed at $90.85.

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

The business has a 50 day simple moving average of $88.76 and a 200 day simple moving average of $82.63. The stock has a market cap of $1.08 billion, a PE ratio of 15.78 and a beta of 1.04.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

Several institutional investors have recently made changes to their positions in the company. Fifth Third Bancorp acquired a new position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the first quarter worth approximately $28,000. Northwestern Mutual Wealth Management Co. lifted 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 acquiring an additional 357 shares during the last quarter. Optima Capital LLC bought a new stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the fourth quarter worth approximately $35,000. Western Wealth Management LLC bought a new stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the first quarter worth approximately $47,000. Finally, Cornerstone Planning Group LLC acquired a new position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 1st quarter worth $47,000.

About Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

(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.

Further Reading

Receive News & Ratings for Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.