Bank of New York Mellon Corp Decreases Stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC)

Bank of New York Mellon Corp decreased its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) by 8.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 7,278 shares of the company’s stock after selling 655 shares during the period. Bank of New York Mellon Corp’s holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF were worth $503,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of GSSC. IFP Advisors Inc raised its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 5.0% in the fourth quarter. IFP Advisors Inc now owns 165,631 shares of the company’s stock valued at $11,450,000 after buying an additional 7,943 shares during the period. Freedom Day Solutions LLC bought a new stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the 4th quarter valued at about $346,000. Private Advisor Group LLC raised its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 1.7% in the 4th quarter. Private Advisor Group LLC now owns 24,339 shares of the company’s stock valued at $1,683,000 after acquiring an additional 402 shares during the period. Global Retirement Partners LLC lifted its holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 9.3% during the fourth quarter. Global Retirement Partners LLC now owns 10,553 shares of the company’s stock valued at $730,000 after purchasing an additional 899 shares during the last quarter. Finally, Principal Securities Inc. boosted its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 4.1% during the fourth quarter. Principal Securities Inc. now owns 80,409 shares of the company’s stock worth $5,559,000 after purchasing an additional 3,169 shares during the period.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Stock Down 0.2 %

NYSEARCA GSSC opened at $64.62 on Friday. The firm has a market cap of $516.96 million, a P/E ratio of 15.13 and a beta of 1.00. The company’s 50 day moving average is $68.16 and its 200-day moving average is $69.76. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 12-month low of $60.23 and a 12-month high of $77.00.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Tuesday, March 25th will be paid a $0.1755 dividend. The ex-dividend date of this dividend is Tuesday, March 25th.

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.