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) was the recipient of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 47,700 shares, a decline of 33.7% from the February 13th total of 71,900 shares. Based on an average daily trading volume, of 166,900 shares, the short-interest ratio is currently 0.3 days. Currently, 0.5% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Cornerstone Advisory LLC increased its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 195.2% during the 4th quarter. Cornerstone Advisory LLC now owns 691,834 shares of the company’s stock valued at $34,986,000 after acquiring an additional 457,480 shares during the last quarter. Graney & King LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter valued at about $13,066,000. Robertson Stephens Wealth Management LLC bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter valued at approximately $11,487,000. Mason & Associates Inc bought a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter valued at approximately $9,496,000. Finally, HighTower Advisors LLC boosted its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 51.2% during the 4th quarter. HighTower Advisors LLC now owns 468,103 shares of the company’s stock valued at $23,148,000 after purchasing an additional 158,597 shares during the period.

Goldman Sachs S&P 500 Core Premium Income ETF Price Performance

Goldman Sachs S&P 500 Core Premium Income ETF stock traded up $0.94 during mid-day trading on Friday, hitting $46.74. The company’s stock had a trading volume of 457,768 shares, compared to its average volume of 88,690. The firm’s 50 day moving average is $49.41 and its 200 day moving average is $49.33. The company 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 has a 52-week low of $44.06 and a 52-week high of $50.84.

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

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

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.