LPL Financial LLC Sells 2,104 Shares of Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP)

LPL Financial LLC decreased its position in Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP – Get Rating) by 7.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 26,728 shares of the company’s stock after selling 2,104 shares during the period. LPL Financial LLC owned about 1.57% of Goldman Sachs Hedge Industry VIP ETF worth $1,855,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. CX Institutional grew its holdings in shares of Goldman Sachs Hedge Industry VIP ETF by 20.6% in the fourth quarter. CX Institutional now owns 99,135 shares of the company’s stock worth $6,881,000 after purchasing an additional 16,960 shares during the last quarter. Fifth Third Bancorp purchased a new stake in Goldman Sachs Hedge Industry VIP ETF in the fourth quarter worth $35,000. American National Bank lifted its stake in Goldman Sachs Hedge Industry VIP ETF by 8.3% in the fourth quarter. American National Bank now owns 9,442 shares of the company’s stock worth $655,000 after acquiring an additional 723 shares during the period. M&T Bank Corp purchased a new stake in Goldman Sachs Hedge Industry VIP ETF in the third quarter worth $206,000. Finally, IFP Advisors Inc lifted its stake in Goldman Sachs Hedge Industry VIP ETF by 3.0% in the third quarter. IFP Advisors Inc now owns 16,495 shares of the company’s stock worth $935,000 after acquiring an additional 484 shares during the period.

Goldman Sachs Hedge Industry VIP ETF Stock Down 1.3 %

Shares of GVIP stock opened at $78.76 on Wednesday. The stock has a fifty day moving average of $76.19 and a 200 day moving average of $74.36. Goldman Sachs Hedge Industry VIP ETF has a 52 week low of $65.34 and a 52 week high of $81.70. The firm has a market capitalization of $133.90 million, a price-to-earnings ratio of 11.95 and a beta of 1.11.

Goldman Sachs Hedge Industry VIP ETF Profile

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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.