Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP) Short Interest Update

Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP) saw a significant decrease in short interest in December. As of December 15th, there was short interest totaling 6,885 shares, a decrease of 45.9% from the November 30th total of 12,722 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 7,473 shares, the short-interest ratio is presently 0.9 days. Based on an average daily trading volume, of 7,473 shares, the short-interest ratio is presently 0.9 days. Approximately 0.3% of the shares of the stock are sold short.

Institutional Trading of Goldman Sachs Hedge Industry VIP ETF

Several hedge funds and other institutional investors have recently made changes to their positions in GVIP. Raymond James Financial Inc. increased its position in Goldman Sachs Hedge Industry VIP ETF by 1,226.9% in the 2nd quarter. Raymond James Financial Inc. now owns 41,624 shares of the company’s stock valued at $5,760,000 after acquiring an additional 38,487 shares during the period. Rockefeller Capital Management L.P. acquired a new stake in Goldman Sachs Hedge Industry VIP ETF in the second quarter valued at $3,696,000. Private Advisory Group LLC raised its position in Goldman Sachs Hedge Industry VIP ETF by 39.0% during the 3rd quarter. Private Advisory Group LLC now owns 35,323 shares of the company’s stock worth $5,414,000 after purchasing an additional 9,911 shares during the last quarter. Jane Street Group LLC raised its position in Goldman Sachs Hedge Industry VIP ETF by 449.5% during the 1st quarter. Jane Street Group LLC now owns 11,962 shares of the company’s stock worth $1,410,000 after purchasing an additional 9,785 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in Goldman Sachs Hedge Industry VIP ETF by 5.1% during the 2nd quarter. Bank of America Corp DE now owns 155,110 shares of the company’s stock worth $21,463,000 after buying an additional 7,474 shares during the period.

Goldman Sachs Hedge Industry VIP ETF Stock Up 0.1%

NYSEARCA GVIP opened at $156.68 on Friday. Goldman Sachs Hedge Industry VIP ETF has a twelve month low of $100.33 and a twelve month high of $161.71. The company has a market cap of $423.04 million, a price-to-earnings ratio of 28.77 and a beta of 1.06. The business’s fifty day moving average is $153.17 and its 200 day moving average is $146.68.

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.