Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Short Interest Down 39.6% in January
Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX – Get Free Report) saw a significant decline in short interest in January. As of January 31st, there was short interest totalling 21,500 shares, a decline of 39.6% from the January 15th total of 35,600 shares. Based on an average daily trading volume, of 136,400 shares, the short-interest ratio is currently 0.2 days.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Collective Family Office LLC increased its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 7.3% in the fourth quarter. Collective Family Office LLC now owns 7,697 shares of the company’s stock valued at $381,000 after buying an additional 522 shares in the last quarter. Moors & Cabot Inc. increased its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 6.7% during the third quarter. Moors & Cabot Inc. now owns 9,349 shares of the company’s stock worth $459,000 after purchasing an additional 591 shares in the last quarter. US Bancorp DE increased its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 35.7% during the third quarter. US Bancorp DE now owns 2,375 shares of the company’s stock worth $117,000 after purchasing an additional 625 shares in the last quarter. Princeton Global Asset Management LLC increased its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13.3% during the third quarter. Princeton Global Asset Management LLC now owns 5,450 shares of the company’s stock worth $268,000 after purchasing an additional 640 shares in the last quarter. Finally, Financial Management Network Inc. increased its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 7.4% during the fourth quarter. Financial Management Network Inc. now owns 11,970 shares of the company’s stock worth $594,000 after purchasing an additional 824 shares in the last quarter.
Goldman Sachs S&P 500 Core Premium Income ETF Stock Performance
GPIX opened at $50.57 on Friday. Goldman Sachs S&P 500 Core Premium Income ETF has a fifty-two week low of $44.06 and a fifty-two week high of $50.82. The company has a fifty day moving average of $50.02 and a two-hundred day moving average of $49.11. The stock has a market capitalization of $439.96 million, a price-to-earnings ratio of 24.02 and a beta of 0.82.
Goldman Sachs S&P 500 Core Premium Income ETF Cuts Dividend
The company also recently disclosed a dividend, which was paid on Friday, February 7th. Shareholders of record on Monday, February 3rd were issued a $0.3575 dividend. The ex-dividend date of this dividend was Monday, February 3rd.
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.
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