Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Short Interest Update

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 195,397 shares, a decrease of 75.0% from the June 30th total of 780,345 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 1,304,731 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Goldman Sachs Nasdaq 100 Core Premium Income ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Fifth Third Bancorp bought a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter valued at $28,000. Gilpin Wealth Management LLC purchased a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 4th quarter worth about $32,000. PNC Financial Services Group Inc. boosted its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 131.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 660 shares of the company’s stock valued at $35,000 after purchasing an additional 375 shares in the last quarter. Camelot Portfolios LLC purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the fourth quarter valued at about $49,000. Finally, Private Wealth Asset Management LLC bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter worth about $55,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

Shares of NASDAQ GPIQ traded down $0.60 during trading hours on Friday, hitting $55.18. The company’s stock had a trading volume of 1,526,983 shares, compared to its average volume of 1,217,415. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 12 month low of $47.72 and a 12 month high of $59.83. The stock has a market cap of $4.92 billion, a price-to-earnings ratio of 33.26 and a beta of 1.02. The business has a 50-day simple moving average of $57.83 and a 200-day simple moving average of $54.40.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, July 1st were given a $0.5191 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 11.3%. The ex-dividend date was Wednesday, July 1st.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Company Profile

The Goldman Sachs Nasdaq 100 Core Premium Income ETF (GPIQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that primarily involves stocks within the Nasdaq-100. Combining equity investments with a call strategy, the fund seeks to generate stable income while offering potential for capital growth GPIQ was launched on Oct 24, 2023 and is issued by Goldman Sachs.