Janney Montgomery Scott LLC Has $2.06 Million Stake in Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Janney Montgomery Scott LLC lowered its holdings in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 52.8% in the first quarter, HoldingsChannel.com reports. The firm owned 41,196 shares of the company’s stock after selling 46,018 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Goldman Sachs S&P 500 Core Premium Income ETF were worth $2,061,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Manchester Capital Management LLC bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter worth approximately $30,000. Physician Wealth Advisors Inc. bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter valued at approximately $31,000. Private Wealth Asset Management LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter valued at approximately $34,000. CoreCap Advisors LLC grew its position in Goldman Sachs S&P 500 Core Premium Income ETF by 1,572.1% during the fourth quarter. CoreCap Advisors LLC now owns 719 shares of the company’s stock worth $38,000 after buying an additional 676 shares in the last quarter. Finally, Franklin Resources Inc. acquired a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter worth approximately $53,000.

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

GPIX opened at $55.52 on Friday. Goldman Sachs S&P 500 Core Premium Income ETF has a 52-week low of $48.46 and a 52-week high of $56.19. The firm has a market cap of $4.75 billion, a P/E ratio of 25.98 and a beta of 0.84. The business’s fifty day moving average is $55.10 and its 200-day moving average is $53.27.

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

The company also recently announced a dividend, which was paid on Wednesday, July 8th. Shareholders of record on Wednesday, July 1st were issued a $0.3937 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

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.