Short Interest in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Rises By 159.3%

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 376,180 shares, an increase of 159.3% from the June 15th total of 145,063 shares. Based on an average daily volume of 902,591 shares, the short-interest ratio is currently 0.4 days. Approximately 0.4% of the company’s stock are short sold.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Down 0.6%

GPIX stock opened at $55.34 on Tuesday. The firm has a 50 day simple moving average of $55.17 and a 200-day simple moving average of $53.30. The company has a market capitalization of $4.74 billion, a P/E ratio of 25.98 and a beta of 0.84. Goldman Sachs S&P 500 Core Premium Income ETF has a twelve month low of $48.46 and a twelve month high of $56.19.

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

The business also recently disclosed a dividend, which was paid on Wednesday, July 8th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.3937 per share. The ex-dividend date was Wednesday, July 1st.

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

Several large investors have recently modified their holdings of GPIX. LPL Financial LLC raised its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 50.9% during the fourth quarter. LPL Financial LLC now owns 4,282,956 shares of the company’s stock valued at $226,140,000 after buying an additional 1,445,041 shares in the last quarter. Bank of America Corp DE grew its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 21.5% in the 1st quarter. Bank of America Corp DE now owns 2,957,052 shares of the company’s stock worth $147,971,000 after acquiring an additional 523,224 shares in the last quarter. Requisite Capital Management LLC increased its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 11.1% in the 4th quarter. Requisite Capital Management LLC now owns 2,271,312 shares of the company’s stock valued at $119,925,000 after acquiring an additional 226,995 shares during the last quarter. HighTower Advisors LLC increased its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13.4% in the 4th quarter. HighTower Advisors LLC now owns 2,000,929 shares of the company’s stock valued at $105,649,000 after acquiring an additional 235,851 shares during the last quarter. Finally, Cornerstone Advisory LLC raised its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 19.6% during the 1st quarter. Cornerstone Advisory LLC now owns 1,599,317 shares of the company’s stock valued at $80,030,000 after acquiring an additional 262,596 shares in the last quarter.

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.