Envestnet Asset Management Inc. Grows Stock Holdings in Goldman Sachs Hedge Industry VIP ETF $GVIP

Envestnet Asset Management Inc. increased its position in shares of Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP) by 220.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,918 shares of the company’s stock after purchasing an additional 4,071 shares during the period. Envestnet Asset Management Inc. owned 0.22% of Goldman Sachs Hedge Industry VIP ETF worth $907,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Osaic Holdings Inc. boosted its position in shares of Goldman Sachs Hedge Industry VIP ETF by 35.6% during the 2nd quarter. Osaic Holdings Inc. now owns 20,278 shares of the company’s stock worth $2,806,000 after acquiring an additional 5,321 shares in the last quarter. Rockefeller Capital Management L.P. purchased a new stake in Goldman Sachs Hedge Industry VIP ETF during the second quarter worth approximately $3,696,000. Keybank National Association OH acquired a new position in Goldman Sachs Hedge Industry VIP ETF in the second quarter valued at approximately $231,000. Texas Yale Capital Corp. increased its stake in Goldman Sachs Hedge Industry VIP ETF by 0.9% in the second quarter. Texas Yale Capital Corp. now owns 45,853 shares of the company’s stock valued at $6,345,000 after purchasing an additional 415 shares during the last quarter. Finally, Truist Financial Corp increased its stake in Goldman Sachs Hedge Industry VIP ETF by 26.4% in the third quarter. Truist Financial Corp now owns 18,382 shares of the company’s stock valued at $2,817,000 after purchasing an additional 3,835 shares during the last quarter.

Goldman Sachs Hedge Industry VIP ETF Trading Down 2.4%

Shares of NYSEARCA:GVIP opened at $151.90 on Wednesday. The company has a market capitalization of $440.51 million, a PE ratio of 28.77 and a beta of 1.06. Goldman Sachs Hedge Industry VIP ETF has a twelve month low of $100.33 and a twelve month high of $163.41. The firm has a 50 day simple moving average of $157.81 and a 200-day simple moving average of $153.41.

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.