Goldman Sachs Small Cap Core Equity ETF (NYSEARCA:GSC) Trading Down 0.6% – Here’s Why

Shares of Goldman Sachs Small Cap Core Equity ETF (NYSEARCA:GSC) dropped 0.6% during trading on Monday . The stock traded as low as $67.67 and last traded at $67.70. 7,310 shares traded hands during trading, a decline of 61% from the average daily volume of 18,664 shares. The stock had previously closed at $68.09.

Goldman Sachs Small Cap Core Equity ETF Trading Down 0.6%

The firm has a market cap of $297.88 million, a price-to-earnings ratio of 22.22 and a beta of 1.07. The stock’s 50 day moving average is $66.18 and its 200 day moving average is $61.14.

Hedge Funds Weigh In On Goldman Sachs Small Cap Core Equity ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Bank of America Corp DE bought a new position in shares of Goldman Sachs Small Cap Core Equity ETF during the second quarter worth approximately $113,000. Northwest Wealth Advisors LLC acquired a new stake in Goldman Sachs Small Cap Core Equity ETF during the 4th quarter worth approximately $231,000. Jane Street Group LLC bought a new stake in Goldman Sachs Small Cap Core Equity ETF in the 1st quarter valued at $353,000. Commonwealth Equity Services LLC bought a new stake in Goldman Sachs Small Cap Core Equity ETF in the 4th quarter valued at $417,000. Finally, Legacy Edge Advisors LLC bought a new stake in Goldman Sachs Small Cap Core Equity ETF in the 4th quarter valued at $484,000.

Goldman Sachs Small Cap Core Equity ETF Company Profile

The Goldman Sachs Small Cap Core Equity ETF (GSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed ETF that invests in small-cap companies. The fund tilts towards US companies but may still invest in securities from other countries, including emerging markets. GSC was launched on Oct 3, 2023 and is issued by Goldman Sachs.