HighTower Advisors LLC Buys 56,617 Shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ)

HighTower Advisors LLC increased its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 84.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 123,592 shares of the company’s stock after buying an additional 56,617 shares during the period. HighTower Advisors LLC owned 1.53% of Goldman Sachs Nasdaq 100 Core Premium Income ETF worth $6,060,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of GPIQ. Stratos Wealth Partners LTD. purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter worth approximately $207,000. Great Valley Advisor Group Inc. purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter worth $230,000. Aurora Private Wealth Inc. purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter worth $236,000. CAP Partners LLC bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter worth $270,000. Finally, Private Trust Co. NA lifted its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 489.6% during the fourth quarter. Private Trust Co. NA now owns 5,943 shares of the company’s stock valued at $291,000 after buying an additional 4,935 shares during the period.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Price Performance

NASDAQ:GPIQ opened at $44.95 on Wednesday. The firm’s 50-day moving average price is $48.61 and its 200-day moving average price is $48.42. The company has a market capitalization of $364.10 million, a PE ratio of 32.37 and a beta of 1.02. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 1-year low of $42.01 and a 1-year high of $50.85.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, March 7th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.4148 per share. The ex-dividend date was Monday, March 3rd.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Profile

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.