American National Bank Cuts Stake in Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP)

American National Bank cut its stake in Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP) by 4.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,078 shares of the company’s stock after selling 436 shares during the period. American National Bank owned about 0.57% of Goldman Sachs Hedge Industry VIP ETF worth $775,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of GVIP. Captrust Financial Advisors lifted its stake in Goldman Sachs Hedge Industry VIP ETF by 1,000.0% during the first quarter. Captrust Financial Advisors now owns 550 shares of the company’s stock worth $51,000 after purchasing an additional 500 shares during the last quarter. Advisor Group Holdings Inc. lifted its holdings in shares of Goldman Sachs Hedge Industry VIP ETF by 221.8% in the 4th quarter. Advisor Group Holdings Inc. now owns 708 shares of the company’s stock valued at $49,000 after purchasing an additional 488 shares during the last quarter. Nwam LLC acquired a new stake in shares of Goldman Sachs Hedge Industry VIP ETF in the 1st quarter valued at about $209,000. M&T Bank Corp acquired a new position in shares of Goldman Sachs Hedge Industry VIP ETF in the 3rd quarter valued at $206,000. Finally, Private Advisor Group LLC acquired a new stake in Goldman Sachs Hedge Industry VIP ETF during the 1st quarter worth $967,000.

Goldman Sachs Hedge Industry VIP ETF Stock Performance

NYSEARCA GVIP opened at $88.11 on Tuesday. The firm’s fifty day moving average is $87.70 and its two-hundred day moving average is $81.81. Goldman Sachs Hedge Industry VIP ETF has a one year low of $65.34 and a one year high of $89.74. The firm has a market cap of $140.98 million, a PE ratio of 23.40 and a beta of 1.11.

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.