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

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

Large investors have recently modified their holdings of the company. Manchester Capital Management LLC purchased a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter valued at approximately $30,000. Physician Wealth Advisors Inc. bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter worth approximately $31,000. Private Wealth Asset Management LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter worth approximately $34,000. CoreCap Advisors LLC raised its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 1,572.1% in 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, GPS Wealth Strategies Group LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF in the third quarter worth approximately $42,000.

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

Shares of NASDAQ GPIX opened at $55.82 on Tuesday. The firm has a market capitalization of $3.79 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84. The stock has a 50 day moving average price of $53.11 and a 200 day moving average price of $52.71. Goldman Sachs S&P 500 Core Premium Income ETF has a 52-week low of $47.49 and a 52-week high of $56.19.

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

The company also recently declared a dividend, which will be paid on Friday, June 5th. Investors of record on Monday, June 1st will be issued a $0.3969 dividend. The ex-dividend date is Monday, June 1st. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous dividend of $0.38.

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.