Short Interest in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Declines By 76.4%

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 145,063 shares, a decrease of 76.4% from the May 31st total of 615,757 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 918,609 shares, the days-to-cover ratio is currently 0.2 days.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Down 0.2%

Shares of Goldman Sachs S&P 500 Core Premium Income ETF stock opened at $54.50 on Friday. Goldman Sachs S&P 500 Core Premium Income ETF has a 12 month low of $48.46 and a 12 month high of $56.19. The business has a fifty day simple moving average of $54.79 and a 200 day simple moving average of $53.09. The stock has a market cap of $3.70 billion, a PE ratio of 25.98 and a beta of 0.84.

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

The business also recently announced a dividend, which was paid on Friday, June 5th. Shareholders of record on Monday, June 1st were issued a dividend of $0.3969 per share. This is an increase from Goldman Sachs S&P 500 Core Premium Income ETF’s previous dividend of $0.38. The ex-dividend date was Monday, June 1st.

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

Several institutional investors have recently modified their holdings of the stock. Manchester Capital Management LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter valued at approximately $30,000. Physician Wealth Advisors Inc. bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter worth approximately $31,000. Private Wealth Asset Management LLC acquired a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter valued at approximately $34,000. CoreCap Advisors LLC grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 1,572.1% during the fourth quarter. CoreCap Advisors LLC now owns 719 shares of the company’s stock valued at $38,000 after purchasing an additional 676 shares during the period. Finally, Franklin Resources Inc. acquired a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter valued at approximately $53,000.

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.