Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Short Interest Up 130.4% in February

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) was the target of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 321,300 shares, a growth of 130.4% from the January 29th total of 139,463 shares. Based on an average daily trading volume, of 839,682 shares, the short-interest ratio is currently 0.4 days. Approximately 0.6% of the company’s shares are sold short. Approximately 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 839,682 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Goldman Sachs S&P 500 Core Premium Income ETF

Institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada grew its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 419.4% during the 1st quarter. Royal Bank of Canada now owns 103,307 shares of the company’s stock worth $4,815,000 after buying an additional 83,419 shares during the period. Jane Street Group LLC raised its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 857.0% during the first quarter. Jane Street Group LLC now owns 81,992 shares of the company’s stock valued at $3,822,000 after purchasing an additional 73,424 shares during the period. Envestnet Asset Management Inc. bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 2nd quarter worth about $13,194,000. Daymark Wealth Partners LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter valued at about $219,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter valued at about $205,000.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Down 0.4%

Shares of Goldman Sachs S&P 500 Core Premium Income ETF stock opened at $52.90 on Friday. The business has a 50-day moving average price of $52.89 and a two-hundred day moving average price of $52.24. Goldman Sachs S&P 500 Core Premium Income ETF has a 1-year low of $40.01 and a 1-year high of $53.55. The company has a market cap of $2.96 billion, a P/E ratio of 25.98 and a beta of 0.84.

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

The firm also recently announced a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were paid a dividend of $0.3763 per share. This is an increase from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.38. This represents a c) annualized dividend and a yield of 8.5%. The ex-dividend date of this dividend was Monday, February 2nd.

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.