Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Sees Unusually-High Trading Volume

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) saw strong trading volume on Monday . 200,435 shares were traded during mid-day trading, an increase of 471% from the previous session’s volume of 35,131 shares.The stock last traded at $69.84 and had previously closed at $70.39.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Trading Down 1.0 %

The company has a market capitalization of $543.74 million, a P/E ratio of 11.08 and a beta of 1.14. The stock’s fifty day moving average is $64.54 and its 200 day moving average is $63.46.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Raymond James Financial Services Advisors Inc. raised its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 11.5% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 101,415 shares of the company’s stock worth $6,401,000 after buying an additional 10,491 shares in the last quarter. Global Retirement Partners LLC lifted its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 26.5% in the 4th quarter. Global Retirement Partners LLC now owns 13,828 shares of the company’s stock valued at $832,000 after purchasing an additional 2,894 shares during the period. CENTRAL TRUST Co boosted its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 1.3% during the fourth quarter. CENTRAL TRUST Co now owns 12,747 shares of the company’s stock valued at $805,000 after purchasing an additional 163 shares in the last quarter. Financial Architects LLC purchased a new stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the fourth quarter worth $9,672,000. Finally, Morris Financial Concepts Inc. raised its holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 105.5% in the fourth quarter. Morris Financial Concepts Inc. now owns 1,969 shares of the company’s stock worth $124,000 after purchasing an additional 1,011 shares in 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.