Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP) Sees Large Growth in Short Interest

Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP) was the recipient of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 8,113 shares, a growth of 17.7% from the February 26th total of 6,892 shares. Based on an average daily trading volume, of 17,957 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Trading of Goldman Sachs Hedge Industry VIP ETF

Institutional investors have recently bought and sold shares of the business. Bank of America Corp DE grew its position in shares of 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 purchasing an additional 7,474 shares in the last quarter. LPL Financial LLC raised its position in shares of Goldman Sachs Hedge Industry VIP ETF by 6.0% in the fourth quarter. LPL Financial LLC now owns 81,040 shares of the company’s stock valued at $12,553,000 after buying an additional 4,558 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of Goldman Sachs Hedge Industry VIP ETF by 29.8% in the third quarter. Raymond James Financial Inc. now owns 54,028 shares of the company’s stock valued at $8,280,000 after buying an additional 12,404 shares in the last quarter. Texas Yale Capital Corp. boosted its stake in shares of Goldman Sachs Hedge Industry VIP ETF by 3.4% in the fourth quarter. Texas Yale Capital Corp. now owns 47,736 shares of the company’s stock valued at $7,394,000 after buying an additional 1,548 shares during the period. Finally, Great Lakes Retirement Inc. boosted its stake in shares of Goldman Sachs Hedge Industry VIP ETF by 15.5% in the fourth quarter. Great Lakes Retirement Inc. now owns 38,651 shares of the company’s stock valued at $5,987,000 after buying an additional 5,187 shares during the period.

Goldman Sachs Hedge Industry VIP ETF Stock Up 0.7%

Shares of Goldman Sachs Hedge Industry VIP ETF stock traded up $0.95 during trading on Tuesday, reaching $142.64. The company’s stock had a trading volume of 725 shares, compared to its average volume of 13,158. The business’s 50-day moving average price is $154.43 and its 200-day moving average price is $154.04. Goldman Sachs Hedge Industry VIP ETF has a 52 week low of $100.33 and a 52 week high of $163.41. The firm has a market cap of $413.66 million, a PE ratio of 28.77 and a beta of 1.06.

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.