Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Sets New 52-Week High – Should You Buy?

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) shares hit a new 52-week high on Thursday . The company traded as high as $87.25 and last traded at $87.12, with a volume of 42948 shares traded. The stock had previously closed at $85.16.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Trading Up 0.9%

The stock has a market capitalization of $1.01 billion, a PE ratio of 15.78 and a beta of 1.05. The company’s 50 day simple moving average is $82.94 and its 200 day simple moving average is $79.33.

Institutional Trading of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

Several hedge funds and other institutional investors have recently bought and sold shares of GSSC. Fifth Third Bancorp purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 1st quarter valued at $28,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 850.0% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 399 shares of the company’s stock valued at $30,000 after buying an additional 357 shares during the period. Optima Capital LLC purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 4th quarter valued at $35,000. Cornerstone Planning Group LLC purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 1st quarter valued at $47,000. Finally, Western Wealth Management LLC purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 1st quarter valued at $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.