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 target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 842,803 shares, an increase of 143.8% from the April 30th total of 345,719 shares. Approximately 1.2% of the company’s stock are sold short. Based on an average daily volume of 802,180 shares, the days-to-cover ratio is currently 1.1 days.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Next Level Private LLC raised its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 1.3% during the first quarter. Next Level Private LLC now owns 15,288 shares of the company’s stock worth $765,000 after acquiring an additional 191 shares in the last quarter. Register Financial Advisors LLC grew its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 4.4% in the fourth quarter. Register Financial Advisors LLC now owns 4,740 shares of the company’s stock valued at $250,000 after purchasing an additional 200 shares in the last quarter. Pasadena Private Wealth LLC grew its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 1.9% in the fourth quarter. Pasadena Private Wealth LLC now owns 10,871 shares of the company’s stock valued at $574,000 after purchasing an additional 200 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 1.4% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 14,829 shares of the company’s stock worth $742,000 after purchasing an additional 200 shares during the last quarter. Finally, Axxcess Wealth Management LLC increased its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 2.6% during the 1st quarter. Axxcess Wealth Management LLC now owns 8,379 shares of the company’s stock worth $419,000 after purchasing an additional 215 shares during the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Up 0.1%

Goldman Sachs S&P 500 Core Premium Income ETF stock opened at $56.09 on Friday. The company has a market cap of $3.81 billion, a P/E ratio of 25.98 and a beta of 0.84. Goldman Sachs S&P 500 Core Premium Income ETF has a 1-year low of $47.49 and a 1-year high of $56.19. The company has a fifty day simple moving average of $53.01 and a 200 day simple moving average of $52.69.

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

The firm also recently disclosed a dividend, which was paid on Thursday, May 7th. Stockholders of record on Friday, May 1st were paid a dividend of $0.3831 per share. The ex-dividend date was Friday, May 1st. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous dividend of $0.35.

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.