New Goldman ETF tracks popular hedge fund stock bets

By Olivia Oran
(Reuters) – Goldman Sachs Group Inc has launched a new exchange traded fund that mimics the most popular stock bets made by hedge funds, the bank said on Thursday.
The Goldman Sachs Hedge Industry VIP ETF (GVIP) will provide exposure to the 50 U.S. stocks that appear most frequently as top holdings in hedge fund’s quarterly 13F filings. It is the seventh ETF Goldman has launched since September 2015.
The new ETF is based on a popular research report put out by Goldman