Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Sees Large Volume Increase – Time to Buy?

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) shares saw an uptick in trading volume on Monday . 93,118 shares traded hands during trading, an increase of 1% from the previous session’s volume of 92,033 shares.The stock last traded at $46.34 and had previously closed at $45.54.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Trading Up 1.7 %

The company’s 50-day moving average is $48.41 and its 200 day moving average is $48.41. The firm has a market cap of $505.24 million, a PE ratio of 30.70 and a beta of 1.02.

Goldman Sachs Nasdaq 100 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 $0.4148 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Trading of Goldman Sachs Nasdaq 100 Core Premium Income ETF

Hedge funds have recently made changes to their positions in the stock. Great Valley Advisor Group Inc. acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 3rd quarter valued at approximately $230,000. HighTower Advisors LLC raised its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 91.1% during the third quarter. HighTower Advisors LLC now owns 66,975 shares of the company’s stock worth $3,212,000 after acquiring an additional 31,932 shares in the last quarter. Jane Street Group LLC boosted its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 688.6% during the third quarter. Jane Street Group LLC now owns 42,466 shares of the company’s stock valued at $2,036,000 after purchasing an additional 37,081 shares during the last quarter. EP Wealth Advisors LLC purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter valued at about $7,481,000. Finally, Synergy Financial Group LTD purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter valued at about $322,000.

About Goldman Sachs Nasdaq 100 Core Premium Income ETF

The Goldman Sachs Nasdaq 100 Core Premium Income ETF (GPIQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that primarily involves stocks within the Nasdaq-100. Combining equity investments with a call strategy, the fund seeks to generate stable income while offering potential for capital growth GPIQ was launched on Oct 24, 2023 and is issued by Goldman Sachs.