Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Reaches New 52-Week High – Here’s Why

Shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) hit a new 52-week high on Thursday . The stock traded as high as $85.36 and last traded at $85.36, with a volume of 24925 shares. The stock had previously closed at $84.46.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Stock Up 0.7%

The firm has a market capitalization of $976.70 million, a P/E ratio of 15.78 and a beta of 1.06. The company has a fifty day simple moving average of $78.15 and a 200 day simple moving average of $77.34.

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

A number of institutional investors have recently modified their holdings of the stock. Integrated Wealth Concepts LLC grew its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 6.2% in the first quarter. Integrated Wealth Concepts LLC now owns 3,663 shares of the company’s stock worth $232,000 after acquiring an additional 213 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 3.2% in the fourth quarter. NewEdge Advisors LLC now owns 7,552 shares of the company’s stock worth $571,000 after acquiring an additional 234 shares during the last quarter. Aire Advisors LLC grew its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 4.9% in the first quarter. Aire Advisors LLC now owns 5,246 shares of the company’s stock worth $391,000 after acquiring an additional 246 shares during the last quarter. Syntegra Private Wealth Group LLC grew its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 1.8% in the fourth quarter. Syntegra Private Wealth Group LLC now owns 17,411 shares of the company’s stock worth $1,317,000 after acquiring an additional 307 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of 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 worth $30,000 after acquiring an additional 357 shares during 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.