Flagship Wealth Advisors LLC Buys Shares of 500 Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP)

Flagship Wealth Advisors LLC bought a new stake in Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 500 shares of the company’s stock, valued at approximately $62,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Independent Advisor Alliance acquired a new stake in shares of Goldman Sachs Hedge Industry VIP ETF in the fourth quarter worth about $2,004,000. Raymond James Financial Inc. acquired a new stake in shares of Goldman Sachs Hedge Industry VIP ETF in the fourth quarter worth about $391,000. Atria Wealth Solutions Inc. acquired a new stake in shares of Goldman Sachs Hedge Industry VIP ETF in the fourth quarter worth about $242,000. Truist Financial Corp acquired a new stake in shares of Goldman Sachs Hedge Industry VIP ETF in the fourth quarter worth about $334,000. Finally, Avestar Capital LLC lifted its position in shares of Goldman Sachs Hedge Industry VIP ETF by 2.3% in the fourth quarter. Avestar Capital LLC now owns 57,306 shares of the company’s stock worth $7,110,000 after buying an additional 1,296 shares during the last quarter.

Goldman Sachs Hedge Industry VIP ETF Price Performance

Shares of NYSEARCA:GVIP opened at $121.17 on Tuesday. Goldman Sachs Hedge Industry VIP ETF has a fifty-two week low of $98.77 and a fifty-two week high of $136.95. The business has a 50-day moving average of $128.15 and a two-hundred day moving average of $124.55. The stock has a market capitalization of $312.62 million, a P/E ratio of 26.42 and a beta of 1.10.

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.