Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Short Interest Update

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) was the recipient of a large drop in short interest in June. As of June 30th, there was short interest totaling 15,641 shares, a drop of 69.5% from the June 15th total of 51,313 shares. Based on an average trading volume of 34,469 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Trading Down 0.2%

Shares of GSSC traded down $0.18 during trading hours on Friday, reaching $90.40. 44,825 shares of the company’s stock traded hands, compared to its average volume of 44,153. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 12 month low of $66.81 and a 12 month high of $92.00. The stock has a market cap of $1.05 billion, a PE ratio of 15.78 and a beta of 1.04. The firm’s 50 day simple moving average is $86.84 and its 200-day simple moving average is $81.22.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. LPL Financial LLC increased its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 28.7% in the 4th quarter. LPL Financial LLC now owns 920,707 shares of the company’s stock worth $69,633,000 after buying an additional 205,514 shares during the last quarter. American National Bank & Trust grew its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 9.0% in the fourth quarter. American National Bank & Trust now owns 513,530 shares of the company’s stock worth $38,838,000 after acquiring an additional 42,212 shares in the last quarter. Bank of America Corp DE increased its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 60.8% in the third quarter. Bank of America Corp DE now owns 509,254 shares of the company’s stock valued at $38,138,000 after acquiring an additional 192,578 shares during the last quarter. Richard P Slaughter Associates Inc raised its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 0.6% during the fourth quarter. Richard P Slaughter Associates Inc now owns 268,586 shares of the company’s stock valued at $20,313,000 after purchasing an additional 1,541 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 12.0% during the second quarter. Raymond James Financial Inc. now owns 231,414 shares of the company’s stock worth $15,877,000 after purchasing an additional 24,834 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.