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

Shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) saw unusually-strong trading volume on Wednesday . Approximately 99,998 shares changed hands during trading, an increase of 128% from the previous session’s volume of 43,812 shares.The stock last traded at $88.98 and had previously closed at $90.08.

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

The stock has a fifty day simple moving average of $88.31 and a 200-day simple moving average of $82.34. The stock has a market cap of $1.04 billion, a P/E ratio of 15.78 and a beta of 1.04.

Institutional Investors 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 company. Integrated Wealth Concepts LLC boosted its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 6.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 3,663 shares of the company’s stock worth $232,000 after acquiring an additional 213 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 5.0% in the first quarter. NewEdge Advisors LLC now owns 6,374 shares of the company’s stock worth $404,000 after purchasing an additional 306 shares in the last quarter. Raymond James Financial Inc. boosted its holdings 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. Keebeck Wealth Management increased its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 172.4% in the 3rd quarter. Keebeck Wealth Management now owns 26,418 shares of the company’s stock valued at $1,978,000 after buying an additional 16,720 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 60.8% during the 3rd quarter. Bank of America Corp DE now owns 509,254 shares of the company’s stock worth $38,138,000 after buying an additional 192,578 shares in the last quarter.

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.