NewEdge Advisors LLC Has $9.85 Million Stock Holdings in Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP)

NewEdge Advisors LLC boosted its holdings in shares of Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP) by 41.3% in the second quarter, according to its most recent filing with the SEC. The firm owned 89,092 shares of the company’s stock after acquiring an additional 26,062 shares during the period. NewEdge Advisors LLC owned 5.24% of Goldman Sachs Hedge Industry VIP ETF worth $9,850,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of GVIP. Private Advisor Group LLC boosted its position in shares of Goldman Sachs Hedge Industry VIP ETF by 14.9% during the second quarter. Private Advisor Group LLC now owns 15,545 shares of the company’s stock worth $1,719,000 after purchasing an additional 2,019 shares in the last quarter. Hantz Financial Services Inc. bought a new position in shares of Goldman Sachs Hedge Industry VIP ETF during the second quarter worth $37,000. Hudson Value Partners LLC boosted its position in shares of Goldman Sachs Hedge Industry VIP ETF by 4.8% during the second quarter. Hudson Value Partners LLC now owns 11,235 shares of the company’s stock worth $1,242,000 after purchasing an additional 519 shares in the last quarter. Mather Group LLC. bought a new stake in Goldman Sachs Hedge Industry VIP ETF in the 2nd quarter valued at $164,000. Finally, Great Lakes Retirement Inc. lifted its position in Goldman Sachs Hedge Industry VIP ETF by 4.2% in the 1st quarter. Great Lakes Retirement Inc. now owns 27,142 shares of the company’s stock valued at $2,966,000 after acquiring an additional 1,092 shares in the last quarter.

Goldman Sachs Hedge Industry VIP ETF Trading Up 0.0 %

GVIP opened at $119.27 on Tuesday. The stock has a market capitalization of $202.75 million, a P/E ratio of 29.46 and a beta of 1.09. Goldman Sachs Hedge Industry VIP ETF has a 12 month low of $81.73 and a 12 month high of $120.29. The firm’s fifty day simple moving average is $112.86 and its 200 day simple moving average is $110.63.

Goldman Sachs Hedge Industry VIP ETF 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.