Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP – Get Free Report) saw unusually-strong trading volume on Friday . 11,507 shares traded hands during mid-day trading, a decline of 9% from the previous session’s volume of 12,674 shares.The stock last traded at $172.93 and had previously closed at $175.03.
Goldman Sachs Hedge Industry VIP ETF Trading Down 0.6%
The business has a 50 day simple moving average of $178.42 and a two-hundred day simple moving average of $165.11. The stock has a market cap of $573.90 million, a price-to-earnings ratio of 28.77 and a beta of 1.08.
Institutional Trading of Goldman Sachs Hedge Industry VIP ETF
A number of hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC raised its holdings in Goldman Sachs Hedge Industry VIP ETF by 449.5% in the first quarter. Jane Street Group LLC now owns 11,962 shares of the company’s stock valued at $1,410,000 after acquiring an additional 9,785 shares in 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. grew its holdings in Goldman Sachs Hedge Industry VIP ETF by 1,226.9% during the 2nd quarter. Raymond James Financial Inc. now owns 41,624 shares of the company’s stock worth $5,760,000 after acquiring an additional 38,487 shares in the last quarter. Bank of America Corp DE increased its position in shares of Goldman Sachs Hedge Industry VIP ETF by 5.1% in the 2nd quarter. Bank of America Corp DE now owns 155,110 shares of the company’s stock worth $21,463,000 after purchasing an additional 7,474 shares during the last quarter. Finally, JPMorgan Chase & Co. bought a new stake in shares of Goldman Sachs Hedge Industry VIP ETF in the 3rd quarter worth about $132,000.
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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