Avestar Capital LLC Sells 432 Shares of Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP)

Avestar Capital LLC lessened its holdings in shares of Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP) by 0.8% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 56,010 shares of the company’s stock after selling 432 shares during the period. Avestar Capital LLC owned approximately 3.29% of Goldman Sachs Hedge Industry VIP ETF worth $6,699,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. acquired a new position in shares of Goldman Sachs Hedge Industry VIP ETF during the second quarter worth approximately $37,000. Hudson Value Partners LLC grew its position in Goldman Sachs Hedge Industry VIP ETF by 4.8% in the 2nd quarter. Hudson Value Partners LLC now owns 11,235 shares of the company’s stock worth $1,242,000 after purchasing an additional 519 shares during the last quarter. Private Advisor Group LLC lifted its stake in shares of Goldman Sachs Hedge Industry VIP ETF by 7.4% in the third quarter. Private Advisor Group LLC now owns 16,688 shares of the company’s stock valued at $1,996,000 after buying an additional 1,143 shares during the period. Great Lakes Retirement Inc. lifted its position in shares of Goldman Sachs Hedge Industry VIP ETF by 4.2% in the 3rd quarter. Great Lakes Retirement Inc. now owns 29,612 shares of the company’s stock worth $3,542,000 after acquiring an additional 1,197 shares during the period. Finally, Mather Group LLC. acquired a new stake in shares of Goldman Sachs Hedge Industry VIP ETF during the 2nd quarter worth approximately $164,000.

Goldman Sachs Hedge Industry VIP ETF Price Performance

Shares of GVIP stock opened at $127.52 on Tuesday. The stock has a fifty day moving average price of $121.99 and a 200 day moving average price of $114.96. Goldman Sachs Hedge Industry VIP ETF has a one year low of $91.76 and a one year high of $128.79. The stock has a market cap of $216.78 million, a P/E ratio of 29.46 and a beta of 1.09.

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.