Raymond James Financial Services Advisors Inc. Increases Stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC)

Raymond James Financial Services Advisors Inc. raised its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) by 72.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 174,891 shares of the company’s stock after buying an additional 73,476 shares during the quarter. Raymond James Financial Services Advisors Inc. owned about 2.24% of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF worth $11,464,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC bought a new position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 4th quarter valued at approximately $69,000. Morris Financial Concepts Inc. boosted its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 105.5% during the 4th quarter. Morris Financial Concepts Inc. now owns 1,969 shares of the company’s stock valued at $124,000 after acquiring an additional 1,011 shares during the last quarter. Concourse Financial Group Securities Inc. bought a new position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 3rd quarter valued at approximately $165,000. NBC Securities Inc. bought a new position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 3rd quarter valued at approximately $241,000. Finally, Wealthfront Advisers LLC lifted its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 44.6% in the third quarter. Wealthfront Advisers LLC now owns 5,038 shares of the company’s stock worth $281,000 after buying an additional 1,553 shares during the last quarter.

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

GSSC traded up $0.43 during trading on Friday, reaching $63.17. The company had a trading volume of 35,605 shares, compared to its average volume of 41,578. The stock has a market cap of $492.73 million, a P/E ratio of 11.08 and a beta of 1.14. The business has a 50 day simple moving average of $63.25 and a 200-day simple moving average of $60.65. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 52 week low of $51.71 and a 52 week high of $65.84.

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.