GPS Wealth Strategies Group LLC Has $44,000 Stock Holdings in GraniteShares HIPS US High Income ETF (NYSEARCA:HIPS)

GPS Wealth Strategies Group LLC trimmed its holdings in GraniteShares HIPS US High Income ETF (NYSEARCA:HIPS) by 27.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,430 shares of the company’s stock after selling 1,320 shares during the period. GPS Wealth Strategies Group LLC owned 0.06% of GraniteShares HIPS US High Income ETF worth $44,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. SimpliFi Inc. boosted its stake in shares of GraniteShares HIPS US High Income ETF by 11.6% during the 4th quarter. SimpliFi Inc. now owns 584,658 shares of the company’s stock worth $7,514,000 after acquiring an additional 60,697 shares in the last quarter. Cornerstone Wealth Management LLC raised its holdings in GraniteShares HIPS US High Income ETF by 3.8% in the 4th quarter. Cornerstone Wealth Management LLC now owns 123,781 shares of the company’s stock worth $1,591,000 after acquiring an additional 4,475 shares during the period. Grimes & Company Inc. lifted its position in GraniteShares HIPS US High Income ETF by 25.5% during the 4th quarter. Grimes & Company Inc. now owns 75,213 shares of the company’s stock worth $967,000 after acquiring an additional 15,267 shares during the last quarter. Private Advisor Group LLC increased its position in GraniteShares HIPS US High Income ETF by 266.1% in the 3rd quarter. Private Advisor Group LLC now owns 52,452 shares of the company’s stock worth $681,000 after buying an additional 38,125 shares during the period. Finally, Chicago Partners Investment Group LLC bought a new position in shares of GraniteShares HIPS US High Income ETF during the 4th quarter worth about $385,000.

GraniteShares HIPS US High Income ETF Trading Down 0.2 %

Shares of HIPS stock opened at $13.03 on Tuesday. The company has a market capitalization of $74.92 million, a P/E ratio of 0.86 and a beta of 0.49. GraniteShares HIPS US High Income ETF has a 12 month low of $12.19 and a 12 month high of $13.40. The stock has a 50 day moving average of $13.02 and a two-hundred day moving average of $12.95.

GraniteShares HIPS US High Income ETF Profile

The GraniteShares HIPS US High Income ETF (HIPS) is an exchange-traded fund that is based on the TFMS HIPS index. The fund tracks an index of assets that tend to produce high income and pass through that income without being taxed at the constituent level. These include REITs, MLPs, BDCs and debt-based closed-end funds.