Kovack Advisors Inc. Buys Shares of 3,000 Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF $GSSC

Kovack Advisors Inc. bought a new stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 3,000 shares of the company’s stock, valued at approximately $206,000.

A number of other hedge funds also recently made changes to their positions in GSSC. HB Wealth Management LLC bought a new stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the first quarter worth about $1,344,000. Envestnet Asset Management Inc. lifted its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 4.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 268,672 shares of the company’s stock worth $17,042,000 after buying an additional 11,259 shares during the last quarter. Private Trust Co. NA lifted its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 49.8% in the 2nd quarter. Private Trust Co. NA now owns 599 shares of the company’s stock worth $41,000 after buying an additional 199 shares during the last quarter. Linscomb Wealth Inc. lifted its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 11.4% in the 1st quarter. Linscomb Wealth Inc. now owns 46,027 shares of the company’s stock worth $2,919,000 after buying an additional 4,726 shares during the last quarter. Finally, IFP Advisors Inc lifted its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 4.1% in the 2nd quarter. IFP Advisors Inc now owns 173,626 shares of the company’s stock worth $11,913,000 after buying an additional 6,832 shares during the last quarter.

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

Shares of GSSC opened at $74.58 on Tuesday. The firm has a market cap of $693.59 million, a price-to-earnings ratio of 15.78 and a beta of 1.06. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a fifty-two week low of $54.91 and a fifty-two week high of $77.21. The firm has a 50 day moving average price of $74.96 and a 200-day moving average price of $70.01.

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.