Miracle Mile Advisors LLC Cuts Holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC)

Miracle Mile Advisors LLC cut its holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) by 32.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,176 shares of the company’s stock after selling 4,915 shares during the quarter. Miracle Mile Advisors LLC owned 0.13% of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF worth $703,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the stock. FMR LLC raised its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 29.7% during the third quarter. FMR LLC now owns 1,328 shares of the company’s stock valued at $92,000 after acquiring an additional 304 shares during the last quarter. Private Wealth Partners LLC purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 3rd quarter worth $212,000. Sanctuary Advisors LLC acquired a new position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the 3rd quarter valued at about $239,000. Integrated Wealth Concepts LLC grew its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 7.2% in the third quarter. Integrated Wealth Concepts LLC now owns 3,905 shares of the company’s stock worth $271,000 after acquiring an additional 263 shares during the period. Finally, Edge Financial Advisors LLC acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 3rd quarter worth about $377,000.

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

Shares of GSSC stock opened at $70.23 on Thursday. The firm has a market cap of $547.79 million, a P/E ratio of 11.08 and a beta of 1.14. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a one year low of $59.29 and a one year high of $77.00. The firm’s 50 day moving average price is $72.31 and its 200-day moving average price is $69.21.

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.