Goldman Sachs Hedge Industry VIP ETF $GVIP Shares Acquired by Private Advisory Group LLC

Private Advisory Group LLC increased its position in Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP) by 39.0% in the third quarter, Holdings Channel reports. The firm owned 35,323 shares of the company’s stock after purchasing an additional 9,911 shares during the quarter. Private Advisory Group LLC’s holdings in Goldman Sachs Hedge Industry VIP ETF were worth $5,414,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GVIP. Raymond James Financial Inc. lifted its holdings in Goldman Sachs Hedge Industry VIP ETF by 1,226.9% during the 2nd quarter. Raymond James Financial Inc. now owns 41,624 shares of the company’s stock worth $5,760,000 after buying an additional 38,487 shares during the last quarter. Rockefeller Capital Management L.P. bought a new position in Goldman Sachs Hedge Industry VIP ETF during the second quarter worth $3,696,000. Jane Street Group LLC boosted its holdings in Goldman Sachs Hedge Industry VIP ETF by 449.5% in the first quarter. Jane Street Group LLC now owns 11,962 shares of the company’s stock worth $1,410,000 after purchasing an additional 9,785 shares during the period. Bank of America Corp DE boosted its holdings in Goldman Sachs Hedge Industry VIP ETF by 5.1% in the second quarter. Bank of America Corp DE now owns 155,110 shares of the company’s stock worth $21,463,000 after purchasing an additional 7,474 shares during the period. Finally, Osaic Holdings Inc. increased its stake in Goldman Sachs Hedge Industry VIP ETF by 35.6% during the second quarter. Osaic Holdings Inc. now owns 20,278 shares of the company’s stock valued at $2,806,000 after purchasing an additional 5,321 shares during the last quarter.

Goldman Sachs Hedge Industry VIP ETF Stock Performance

Shares of NYSEARCA:GVIP opened at $159.58 on Monday. The company’s fifty day moving average is $157.42 and its two-hundred day moving average is $152.64. Goldman Sachs Hedge Industry VIP ETF has a 1-year low of $100.33 and a 1-year high of $163.41. The stock has a market capitalization of $462.78 million, a price-to-earnings ratio of 28.77 and a beta of 1.06.

About Goldman Sachs Hedge Industry VIP ETF

The Goldman Sachs Hedge Industry VIP ETF (GVIP) is an exchange-traded fund that is based on the Goldman Sachs Hedge Fund VIP index. The fund tracks an equal-weighted index of the 50 most-frequently held US companies selected from the portfolios of hedge funds. GVIP was launched on Nov 1, 2016 and is managed by Goldman Sachs.