Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP – Get Free Report)’s share price reached a new 52-week high on Monday . The company traded as high as $192.13 and last traded at $191.74, with a volume of 4749 shares changing hands. The stock had previously closed at $185.52.
Goldman Sachs Hedge Industry VIP ETF Price Performance
The stock has a market capitalization of $575.22 million, a P/E ratio of 28.77 and a beta of 1.09. The stock’s fifty day moving average is $172.36 and its 200-day moving average is $160.87.
Institutional Investors Weigh In On Goldman Sachs Hedge Industry VIP ETF
Large investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC grew its stake in Goldman Sachs Hedge Industry VIP ETF by 449.5% in the 1st quarter. Jane Street Group LLC now owns 11,962 shares of the company’s stock valued at $1,410,000 after buying an additional 9,785 shares during the last quarter. StoneX Group Inc. acquired a new position in Goldman Sachs Hedge Industry VIP ETF during the 2nd quarter worth $208,000. Raymond James Financial Inc. boosted its holdings in Goldman Sachs Hedge Industry VIP ETF by 1,226.9% during the second quarter. Raymond James Financial Inc. now owns 41,624 shares of the company’s stock valued at $5,760,000 after acquiring an additional 38,487 shares during the period. Bank of America Corp DE boosted its holdings in Goldman Sachs Hedge Industry VIP ETF by 5.1% during the second quarter. Bank of America Corp DE now owns 155,110 shares of the company’s stock valued at $21,463,000 after acquiring an additional 7,474 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in shares of Goldman Sachs Hedge Industry VIP ETF by 220.4% in the third quarter. Envestnet Asset Management Inc. now owns 5,918 shares of the company’s stock valued at $907,000 after purchasing an additional 4,071 shares during the last quarter.
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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