NewEdge Advisors LLC decreased its position in shares of Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP – Free Report) by 21.0% during the fourth quarter, HoldingsChannel reports. The firm owned 72,739 shares of the company’s stock after selling 19,366 shares during the period. NewEdge Advisors LLC’s holdings in Goldman Sachs Hedge Industry VIP ETF were worth $9,025,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in GVIP. Atomi Financial Group Inc. bought a new position in shares of Goldman Sachs Hedge Industry VIP ETF during the 4th quarter valued at about $215,000. Atria Wealth Solutions Inc. bought a new position in Goldman Sachs Hedge Industry VIP ETF during the fourth quarter valued at approximately $242,000. Raymond James Financial Inc. purchased a new position in shares of Goldman Sachs Hedge Industry VIP ETF during the fourth quarter worth approximately $391,000. O Shaughnessy Asset Management LLC bought a new stake in shares of Goldman Sachs Hedge Industry VIP ETF in the 4th quarter worth approximately $69,000. Finally, Truist Financial Corp purchased a new stake in shares of Goldman Sachs Hedge Industry VIP ETF in the 4th quarter valued at $334,000.
Goldman Sachs Hedge Industry VIP ETF Stock Up 0.8 %
Goldman Sachs Hedge Industry VIP ETF stock opened at $112.84 on Friday. The firm has a fifty day simple moving average of $121.21 and a two-hundred day simple moving average of $124.32. Goldman Sachs Hedge Industry VIP ETF has a twelve month low of $98.77 and a twelve month high of $136.95. The company has a market capitalization of $285.49 million, a PE ratio of 21.16 and a beta of 1.09.
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.
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Want to see what other hedge funds are holding GVIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP – Free Report).
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