Envestnet Asset Management Inc. Grows Stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF $GSSC

Envestnet Asset Management Inc. increased its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) by 10.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 319,610 shares of the company’s stock after purchasing an additional 29,182 shares during the period. Envestnet Asset Management Inc.’s holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF were worth $23,936,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Betterment LLC raised its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 28.0% during the second quarter. Betterment LLC now owns 762,667 shares of the company’s stock valued at $52,327,000 after acquiring an additional 166,695 shares during the last quarter. American National Bank & Trust boosted its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 2.3% in the third quarter. American National Bank & Trust now owns 471,318 shares of the company’s stock worth $35,297,000 after acquiring an additional 10,547 shares during the last quarter. Commonwealth Equity Services LLC increased its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 135.5% during the third quarter. Commonwealth Equity Services LLC now owns 252,848 shares of the company’s stock worth $18,936,000 after purchasing an additional 145,496 shares in the last quarter. Raymond James Financial Inc. raised its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 12.0% in the 2nd quarter. Raymond James Financial Inc. now owns 231,414 shares of the company’s stock valued at $15,877,000 after purchasing an additional 24,834 shares during the last quarter. Finally, Financial Architects LLC boosted its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 1.1% during the 3rd quarter. Financial Architects LLC now owns 172,625 shares of the company’s stock worth $12,928,000 after purchasing an additional 1,875 shares during the last quarter.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Trading Up 1.1%

NYSEARCA:GSSC opened at $79.27 on Friday. The company has a market cap of $776.85 million, a P/E ratio of 15.78 and a beta of 1.06. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a twelve month low of $54.91 and a twelve month high of $81.91. The company’s 50-day moving average price is $78.39 and its 200-day moving average price is $75.37.

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.