Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Sees Strong Trading Volume – Here’s What Happened

Shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) saw an uptick in trading volume on Thursday . 1,496,853 shares changed hands during trading, an increase of 4,552% from the previous session’s volume of 32,180 shares.The stock last traded at $78.9360 and had previously closed at $79.15.

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

The company’s fifty day simple moving average is $77.57 and its 200 day simple moving average is $74.70. The firm has a market capitalization of $770.28 million, a PE ratio of 15.78 and a beta of 1.06.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 850.0% during 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 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 about $35,000. Private Trust Co. NA boosted its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 49.8% in the second quarter. Private Trust Co. NA now owns 599 shares of the company’s stock worth $41,000 after buying an additional 199 shares during the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 2nd quarter worth $45,000. Finally, Worth Financial Advisory Group LLC purchased a new position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the third quarter valued at $201,000.

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.