Private Advisory Group LLC Grows Stock Position in Goldman Sachs Hedge Industry VIP ETF $GVIP

Private Advisory Group LLC grew its position in shares of Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP) by 39.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,323 shares of the company’s stock after purchasing an additional 9,911 shares during the period. Private Advisory Group LLC owned approximately 1.31% of Goldman Sachs Hedge Industry VIP ETF worth $5,414,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in GVIP. Texas Yale Capital Corp. boosted its stake in shares of Goldman Sachs Hedge Industry VIP ETF by 0.7% in the third quarter. Texas Yale Capital Corp. now owns 46,188 shares of the company’s stock valued at $7,079,000 after purchasing an additional 335 shares during the period. JPMorgan Chase & Co. acquired a new position in Goldman Sachs Hedge Industry VIP ETF in the 3rd quarter worth $132,000. Envestnet Asset Management Inc. boosted its position in Goldman Sachs Hedge Industry VIP ETF by 220.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,918 shares of the company’s stock valued at $907,000 after buying an additional 4,071 shares during the last quarter. Truist Financial Corp grew its stake in shares of Goldman Sachs Hedge Industry VIP ETF by 26.4% during the third quarter. Truist Financial Corp now owns 18,382 shares of the company’s stock valued at $2,817,000 after acquiring an additional 3,835 shares in the last quarter. Finally, Hudson Value Partners LLC increased its position in shares of Goldman Sachs Hedge Industry VIP ETF by 16.1% during the third quarter. Hudson Value Partners LLC now owns 15,401 shares of the company’s stock worth $2,360,000 after acquiring an additional 2,137 shares during the last quarter.

Goldman Sachs Hedge Industry VIP ETF Stock Performance

Shares of GVIP opened at $159.58 on Monday. Goldman Sachs Hedge Industry VIP ETF has a one year low of $100.33 and a one year high of $163.41. The stock has a 50-day moving average price of $157.42 and a 200 day moving average price of $152.64. The company has a market capitalization of $462.78 million, a P/E ratio of 28.77 and a beta of 1.06.

Goldman Sachs Hedge Industry VIP ETF Company Profile

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.