Raymond James & Associates Trims Stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC)

Raymond James & Associates decreased its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) by 3.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 68,874 shares of the company’s stock after selling 2,796 shares during the quarter. Raymond James & Associates’ holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF were worth $4,776,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. First Foundation Advisors raised its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 35.9% in the 2nd quarter. First Foundation Advisors now owns 518,862 shares of the company’s stock valued at $32,872,000 after purchasing an additional 137,059 shares in the last quarter. Cetera Investment Advisers lifted its holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 177.3% during the first quarter. Cetera Investment Advisers now owns 119,672 shares of the company’s stock worth $7,845,000 after buying an additional 76,517 shares during the period. Bell Investment Advisors Inc bought a new stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 1st quarter valued at $3,709,000. Commonwealth Equity Services LLC increased its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 23.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 292,844 shares of the company’s stock valued at $18,553,000 after acquiring an additional 55,397 shares during the period. Finally, Westwind Capital boosted its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 577.5% during the third quarter. Westwind Capital now owns 47,468 shares of the company’s stock valued at $3,292,000 after purchasing an additional 40,462 shares in the last quarter.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Stock Up 0.3 %

NYSEARCA:GSSC opened at $68.42 on Friday. The firm has a 50 day moving average of $68.32 and a 200 day moving average of $65.80. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 52 week low of $53.22 and a 52 week high of $71.96. The stock has a market capitalization of $533.71 million, a price-to-earnings ratio of 11.08 and a beta of 1.14.

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.