Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Short Interest Down 39.6% in January

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) was the target of a large decrease in short interest in January. As of January 31st, there was short interest totalling 21,500 shares, a decrease of 39.6% from the January 15th total of 35,600 shares. Based on an average daily trading volume, of 136,400 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Goldman Sachs S&P 500 Core Premium Income ETF

Institutional investors have recently bought and sold shares of the business. US Bancorp DE increased its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 35.7% during the third quarter. US Bancorp DE now owns 2,375 shares of the company’s stock valued at $117,000 after buying an additional 625 shares during the period. Private Trust Co. NA increased its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 51.5% during the third quarter. Private Trust Co. NA now owns 3,234 shares of the company’s stock valued at $159,000 after buying an additional 1,100 shares during the period. Steward Partners Investment Advisory LLC purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter valued at approximately $193,000. Janney Montgomery Scott LLC purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter valued at approximately $201,000. Finally, Park Avenue Securities LLC purchased a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter valued at approximately $249,000.

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

Shares of GPIX stock opened at $50.57 on Friday. The firm has a market capitalization of $439.96 million, a PE ratio of 24.02 and a beta of 0.82. The stock has a fifty day simple moving average of $50.02 and a two-hundred day simple moving average of $49.11. Goldman Sachs S&P 500 Core Premium Income ETF has a 52-week low of $44.06 and a 52-week high of $50.82.

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

The firm also recently disclosed a dividend, which was paid on Friday, February 7th. Investors of record on Monday, February 3rd were issued a dividend of $0.3575 per share. The ex-dividend date was Monday, February 3rd.

About Goldman Sachs S&P 500 Core Premium Income ETF

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.