Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Short Interest Up 56.8% in March

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 526,846 shares, a growth of 56.8% from the March 15th total of 336,016 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average trading volume of 722,989 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On Goldman Sachs S&P 500 Core Premium Income ETF

A number of hedge funds have recently bought and sold shares of the business. Royal Bank of Canada increased its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 419.4% during the first quarter. Royal Bank of Canada now owns 103,307 shares of the company’s stock worth $4,815,000 after acquiring an additional 83,419 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 857.0% in the 1st 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 last quarter. Cerity Partners LLC purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter worth approximately $347,000. Raymond James Financial Inc. purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 2nd quarter worth approximately $1,577,000. Finally, White Knight Strategic Wealth Advisors LLC increased its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 7.2% during the 2nd quarter. White Knight Strategic Wealth Advisors LLC now owns 15,360 shares of the company’s stock valued at $765,000 after purchasing an additional 1,026 shares during the last quarter.

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

Shares of NASDAQ:GPIX opened at $52.95 on Thursday. The stock’s 50-day simple moving average is $51.54 and its two-hundred day simple moving average is $52.20. The stock has a market capitalization of $3.46 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84. Goldman Sachs S&P 500 Core Premium Income ETF has a 52-week low of $42.34 and a 52-week high of $53.55.

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

The company also recently declared a dividend, which was paid on Wednesday, April 8th. Shareholders of record on Wednesday, April 1st were issued a dividend of $0.3534 per share. The ex-dividend date was Wednesday, April 1st.

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.