Truist Financial Corp grew its holdings in Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP – Free Report) by 28.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,566 shares of the company’s stock after purchasing an additional 5,184 shares during the period. Truist Financial Corp’s holdings in Goldman Sachs Hedge Industry VIP ETF were worth $3,650,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in GVIP. Northwestern Mutual Wealth Management Co. grew its position in Goldman Sachs Hedge Industry VIP ETF by 31.2% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 698 shares of the company’s stock valued at $107,000 after purchasing an additional 166 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in Goldman Sachs Hedge Industry VIP ETF in the 3rd quarter worth approximately $132,000. Strategic Blueprint LLC purchased a new stake in Goldman Sachs Hedge Industry VIP ETF in the 4th quarter worth approximately $208,000. StoneX Group Inc. acquired a new stake in shares of Goldman Sachs Hedge Industry VIP ETF during the 2nd quarter valued at $208,000. Finally, Oppenheimer & Co. Inc. acquired a new stake in shares of Goldman Sachs Hedge Industry VIP ETF during the 4th quarter valued at $215,000.
Goldman Sachs Hedge Industry VIP ETF Stock Up 0.3%
Goldman Sachs Hedge Industry VIP ETF stock opened at $176.17 on Tuesday. Goldman Sachs Hedge Industry VIP ETF has a 12 month low of $127.30 and a 12 month high of $177.27. The stock has a market cap of $528.51 million, a P/E ratio of 28.77 and a beta of 1.08. The company’s fifty day simple moving average is $156.41 and its 200-day simple moving average is $155.85.
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.
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