Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ – Get Free Report) was the recipient of a significant increase in short interest during the month of August. As of August 15th, there was short interest totalling 63,900 shares, an increase of 75.5% from the July 31st total of 36,400 shares. Based on an average daily trading volume, of 80,000 shares, the short-interest ratio is presently 0.8 days.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the stock. GGM Financials LLC bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter worth approximately $10,418,000. Mirae Asset Securities USA Inc. bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter worth approximately $2,400,000. Patten & Patten Inc. TN bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 1st quarter worth approximately $1,038,000. Semus Wealth Partners LLC boosted its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 191.4% during the 2nd quarter. Semus Wealth Partners LLC now owns 30,046 shares of the company’s stock worth $1,443,000 after acquiring an additional 19,736 shares during the period. Finally, Private Advisor Group LLC bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter worth approximately $822,000.
Goldman Sachs Nasdaq 100 Core Premium Income ETF Price Performance
NASDAQ:GPIQ opened at $46.58 on Thursday. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a fifty-two week low of $38.66 and a fifty-two week high of $49.81. The stock has a market capitalization of $167.69 million, a PE ratio of 30.31 and a beta of 1.02. The business’s 50-day simple moving average is $47.01 and its 200-day simple moving average is $46.36.
Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend
About Goldman Sachs Nasdaq 100 Core Premium Income ETF
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.
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