Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Short Interest Update

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 47,700 shares, a drop of 33.7% from the February 13th total of 71,900 shares. Based on an average trading volume of 166,900 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.5% of the shares of the company are sold short.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Up 2.1 %

Shares of GPIX stock traded up $0.94 during mid-day trading on Friday, reaching $46.74. The stock had a trading volume of 457,768 shares, compared to its average volume of 88,690. The firm’s 50 day simple moving average is $49.41 and its 200 day simple moving average is $49.33. Goldman Sachs S&P 500 Core Premium Income ETF has a one year low of $44.06 and a one year high of $50.84. The firm has a market cap of $406.64 million, a PE ratio of 25.96 and a beta of 0.82.

Goldman Sachs S&P 500 Core Premium Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 7th. Shareholders of record on Monday, March 3rd were given a $0.3444 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Trading of Goldman Sachs S&P 500 Core Premium Income ETF

A number of hedge funds have recently modified their holdings of GPIX. US Bancorp DE lifted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 35.7% in the 3rd quarter. US Bancorp DE now owns 2,375 shares of the company’s stock worth $117,000 after acquiring an additional 625 shares during the period. Apollon Wealth Management LLC bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter worth approximately $1,354,000. Curi RMB Capital LLC lifted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 25.0% during the 3rd quarter. Curi RMB Capital LLC now owns 17,747 shares of the company’s stock worth $871,000 after buying an additional 3,545 shares during the period. CAP Partners LLC bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 3rd quarter worth approximately $903,000. Finally, Semus Wealth Partners LLC lifted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 18.9% during the 3rd quarter. Semus Wealth Partners LLC now owns 35,790 shares of the company’s stock worth $1,757,000 after buying an additional 5,699 shares during the period.

Goldman Sachs S&P 500 Core Premium Income ETF Company Profile

The Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF, primarily investing in stocks of companies in the S&P 500. Combining equity investments with a call strategy, the fund seeks to generate stable income while offering potential for capital growth GPIX was launched on Oct 24, 2023 and is issued by Goldman Sachs.