NewEdge Advisors LLC Raises Stock Position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF $GSSC

NewEdge Advisors LLC grew its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) by 129.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,364 shares of the company’s stock after buying an additional 9,812 shares during the period. NewEdge Advisors LLC’s holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF were worth $1,294,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Integrated Wealth Concepts LLC increased its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 6.2% during the first quarter. Integrated Wealth Concepts LLC now owns 3,663 shares of the company’s stock worth $232,000 after purchasing an additional 213 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 12.0% in the 2nd quarter. Raymond James Financial Inc. now owns 231,414 shares of the company’s stock valued at $15,877,000 after purchasing an additional 24,834 shares during the last quarter. Keebeck Wealth Management boosted its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 172.4% in the 3rd quarter. Keebeck Wealth Management now owns 26,418 shares of the company’s stock valued at $1,978,000 after purchasing an additional 16,720 shares during the period. Bank of America Corp DE boosted its position in shares of 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 valued at $38,138,000 after purchasing an additional 192,578 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 850.0% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 399 shares of the company’s stock worth $30,000 after buying an additional 357 shares during the last quarter.

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

NYSEARCA:GSSC opened at $92.67 on Monday. The company has a market capitalization of $1.08 billion, a PE ratio of 15.78 and a beta of 1.04. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 52-week low of $70.21 and a 52-week high of $92.84. The stock’s 50 day moving average price is $89.81 and its 200 day moving average price is $83.39.

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