Avestar Capital LLC Acquires 1,296 Shares of Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP)

Avestar Capital LLC boosted its holdings in Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP) by 2.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 57,306 shares of the company’s stock after purchasing an additional 1,296 shares during the period. Avestar Capital LLC owned about 3.37% of Goldman Sachs Hedge Industry VIP ETF worth $7,110,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Private Advisor Group LLC boosted its stake in 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 acquiring an additional 1,143 shares during the last quarter. Great Lakes Retirement Inc. raised its holdings 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 purchasing an additional 1,197 shares during the period. Hudson Value Partners LLC lifted its stake in Goldman Sachs Hedge Industry VIP ETF by 4.8% in the third quarter. Hudson Value Partners LLC now owns 11,774 shares of the company’s stock valued at $1,408,000 after purchasing an additional 539 shares during the last quarter. Lionsbridge Wealth Management LLC bought a new position in Goldman Sachs Hedge Industry VIP ETF during the third quarter valued at $1,752,000. Finally, Nwam LLC purchased a new stake in Goldman Sachs Hedge Industry VIP ETF in the third quarter worth $364,000.

Goldman Sachs Hedge Industry VIP ETF Price Performance

Shares of GVIP opened at $132.90 on Thursday. Goldman Sachs Hedge Industry VIP ETF has a 1 year low of $98.77 and a 1 year high of $133.63. The stock’s fifty day moving average price is $128.16 and its two-hundred day moving average price is $121.92. The firm has a market cap of $225.93 million, a PE ratio of 29.46 and a beta of 1.09.

Goldman Sachs Hedge Industry VIP ETF Company 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.