Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC – Get Free Report) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 59,196 shares, an increase of 129.6% from the August 31st total of 25,784 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily volume of 28,252 shares, the days-to-cover ratio is presently 2.1 days.
Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Trading Down 1.1%
GSSC traded down $0.96 during mid-day trading on Tuesday, hitting $85.60. 33,291 shares of the stock were exchanged, compared to its average volume of 42,324. The company has a market cap of $1.04 billion, a PE ratio of 15.78 and a beta of 1.04. The firm’s fifty day moving average is $89.80 and its two-hundred day moving average is $85.65. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 1-year low of $70.21 and a 1-year high of $92.84.
Institutional Investors Weigh In On Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF
Several large investors have recently bought and sold shares of GSSC. Rockefeller Capital Management L.P. lifted its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 1,866.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 72,915 shares of the company’s stock valued at $5,515,000 after buying an additional 69,207 shares during the period. Capital Financial Group Inc. Co. ADV acquired a new position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the fourth quarter worth $5,113,000. Stephens Inc. AR raised its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 45.1% in the first quarter. Stephens Inc. AR now owns 87,885 shares of the company’s stock worth $6,552,000 after acquiring an additional 27,322 shares in the last quarter. Vise Technologies Inc. purchased a new position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the fourth quarter worth $1,278,000. Finally, Elevation Point Wealth Partners LLC raised its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 21.2% in the first quarter. Elevation Point Wealth Partners LLC now owns 79,904 shares of the company’s stock worth $5,957,000 after acquiring an additional 13,974 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.
See Also
- Five stocks we like better than Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF
- Fervo Energy Hits Geothermal Milestone: Will It Matter For The Stock?
- Tesla’s Semi Is Finally Here—But Will It Move the Stock?
- 5 Stocks Showing Why Pricing Power Matters More Than Government Money
- Rocket Lab Bounces Off Its Lows—What’s Behind the Move?
Receive News & Ratings for Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
