100,389 Goldman Sachs Hedge Industry VIP ETF $GVIP Shares Sold by Private Advisory Group LLC

Private Advisory Group LLC decreased its stake in Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP) by 71.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,041 shares of the company’s stock after selling 100,389 shares during the period. Private Advisory Group LLC owned approximately 1.18% of Goldman Sachs Hedge Industry VIP ETF worth $6,813,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. NewEdge Advisors LLC raised its holdings in shares of Goldman Sachs Hedge Industry VIP ETF by 100.4% during the 1st quarter. NewEdge Advisors LLC now owns 91,780 shares of the company’s stock valued at $13,375,000 after buying an additional 45,992 shares during the period. Bank of America Corp DE lifted its position in Goldman Sachs Hedge Industry VIP ETF by 7.1% during the 1st quarter. Bank of America Corp DE now owns 173,420 shares of the company’s stock worth $25,272,000 after acquiring an additional 11,505 shares in the last quarter. Hudson Value Partners LLC boosted its holdings in Goldman Sachs Hedge Industry VIP ETF by 49.6% in the 2nd quarter. Hudson Value Partners LLC now owns 24,163 shares of the company’s stock worth $4,560,000 after acquiring an additional 8,012 shares during the period. GK Wealth Management LLC purchased a new position in Goldman Sachs Hedge Industry VIP ETF in the 2nd quarter worth approximately $913,000. Finally, American National Bank & Trust purchased a new position in Goldman Sachs Hedge Industry VIP ETF in the 3rd quarter worth approximately $472,000.

Goldman Sachs Hedge Industry VIP ETF Stock Down 1.3%

Shares of NYSEARCA:GVIP opened at $161.35 on Friday. Goldman Sachs Hedge Industry VIP ETF has a 52-week low of $138.73 and a 52-week high of $192.13. The company has a 50 day moving average of $166.95 and a two-hundred day moving average of $167.03. The company has a market capitalization of $545.36 million, a price-to-earnings ratio of 21.54 and a beta of 1.12.

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.