Farther Finance Advisors LLC Acquires Shares of 5,509 Goldman Sachs Hedge Industry VIP ETF $GVIP

Farther Finance Advisors LLC bought a new position in shares of Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 5,509 shares of the company’s stock, valued at approximately $853,000. Farther Finance Advisors LLC owned about 0.19% of Goldman Sachs Hedge Industry VIP ETF as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Cross Staff Investments Inc increased its holdings in shares of Goldman Sachs Hedge Industry VIP ETF by 1.0% in the 3rd quarter. Cross Staff Investments Inc now owns 7,800 shares of the company’s stock valued at $1,195,000 after acquiring an additional 74 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Goldman Sachs Hedge Industry VIP ETF by 31.2% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 698 shares of the company’s stock worth $107,000 after purchasing an additional 166 shares during the last quarter. Texas Yale Capital Corp. lifted its stake in Goldman Sachs Hedge Industry VIP ETF by 0.7% during the third quarter. Texas Yale Capital Corp. now owns 46,188 shares of the company’s stock worth $7,079,000 after purchasing an additional 335 shares during the last quarter. Investment Partners Asset Management Inc. boosted its holdings in Goldman Sachs Hedge Industry VIP ETF by 43.9% in the fourth quarter. Investment Partners Asset Management Inc. now owns 1,923 shares of the company’s stock worth $298,000 after purchasing an additional 587 shares during the period. Finally, JPMorgan Chase & Co. acquired a new position in Goldman Sachs Hedge Industry VIP ETF in the third quarter worth $132,000.

Goldman Sachs Hedge Industry VIP ETF Price Performance

GVIP stock opened at $164.42 on Friday. The firm has a market cap of $493.26 million, a price-to-earnings ratio of 28.77 and a beta of 1.05. Goldman Sachs Hedge Industry VIP ETF has a 1-year low of $116.02 and a 1-year high of $166.78. The firm has a fifty day moving average price of $153.93 and a two-hundred day moving average price of $154.62.

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.