HighTower Advisors LLC Sells 173 Shares of Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP)

HighTower Advisors LLC lessened its holdings in Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP) by 1.4% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 12,587 shares of the company’s stock after selling 173 shares during the period. HighTower Advisors LLC owned about 0.74% of Goldman Sachs Hedge Industry VIP ETF worth $1,504,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Hudson Value Partners LLC raised its position in Goldman Sachs Hedge Industry VIP ETF by 4.8% in the second quarter. Hudson Value Partners LLC now owns 11,235 shares of the company’s stock worth $1,242,000 after acquiring an additional 519 shares during the period. Hantz Financial Services Inc. bought a new position in Goldman Sachs Hedge Industry VIP ETF in the 2nd quarter worth $37,000. Private Advisor Group LLC lifted its position in 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 valued at $1,719,000 after purchasing an additional 2,019 shares in the last quarter. NewEdge Advisors LLC grew its holdings in Goldman Sachs Hedge Industry VIP ETF by 41.3% during the second quarter. NewEdge Advisors LLC now owns 89,092 shares of the company’s stock valued at $9,850,000 after purchasing an additional 26,062 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in Goldman Sachs Hedge Industry VIP ETF in the second quarter worth about $786,000.

Goldman Sachs Hedge Industry VIP ETF Stock Up 0.2 %

GVIP stock opened at $127.42 on Monday. The business’s 50-day moving average price is $124.79 and its 200-day moving average price is $116.81. The stock has a market cap of $216.61 million, a P/E ratio of 29.46 and a beta of 1.09. Goldman Sachs Hedge Industry VIP ETF has a twelve month low of $93.82 and a twelve month high of $130.00.

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.