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GraniteShares ETF Trust - GraniteShares HIPS US High Income ETF is an exchange traded fund launched by GraniteShares Inc. The fund is managed by GraniteShares Advisors LLC. It invests in public equity markets of the United States. The fund invests directly and through other funds in stocks of companies operating across energy, mortgage real estate investment trusts (reits), financials, diversified financials, capital markets, asset management and custody banks, equity real estate investment trusts (reits), mortgage real estate investment trusts (reits), mortgage (reits), investment company and business development companies sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the EQM High Income Pass-Through Securities Index, by using full replication technique. GraniteShares ETF Trust - GraniteShares HIPS US High Income ETF was formed on January 6, 2015 and is domiciled in the United States.