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

Shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) hit a new 52-week high on Monday . The stock traded as high as $89.51 and last traded at $89.51, with a volume of 952 shares changing hands. The stock had previously closed at $88.96.

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

The firm has a 50-day moving average of $84.17 and a 200-day moving average of $79.83. The firm has a market capitalization of $1.02 billion, a P/E ratio of 15.78 and a beta of 1.05.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Fifth Third Bancorp bought a new stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 1st quarter valued at $28,000. Northwestern Mutual Wealth Management Co. increased its position 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 valued at $30,000 after acquiring an additional 357 shares during the period. Optima Capital LLC purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the fourth quarter valued at about $35,000. Western Wealth Management LLC bought a new position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the first quarter valued at about $47,000. Finally, Cornerstone Planning Group LLC bought a new position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the first quarter valued at about $47,000.

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