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

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

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Down 0.3%

GPIQ opened at $55.03 on Tuesday. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 52-week low of $47.72 and a 52-week high of $59.83. The company has a market cap of $4.91 billion, a P/E ratio of 33.26 and a beta of 1.02. The firm’s 50-day moving average price is $57.78 and its 200-day moving average price is $54.43.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

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

Institutional Trading of Goldman Sachs Nasdaq 100 Core Premium Income ETF

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

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.