Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Reaches New 12-Month High – Here’s What Happened

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $53.72 and last traded at $53.72, with a volume of 290312 shares traded. The stock had previously closed at $53.66.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Down 0.3%

The business has a 50 day simple moving average of $51.60 and a 200-day simple moving average of $52.24. The stock has a market capitalization of $3.52 billion, a price-to-earnings ratio of 25.98 and a beta of 0.84.

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

The company also recently disclosed a dividend, which was paid on Wednesday, April 8th. Stockholders of record on Wednesday, April 1st were paid a $0.3534 dividend. The ex-dividend date of this dividend was Wednesday, April 1st.

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

Several hedge funds and other institutional investors have recently modified their holdings of GPIX. LPL Financial LLC lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 50.9% in the 4th quarter. LPL Financial LLC now owns 4,282,956 shares of the company’s stock valued at $226,140,000 after purchasing an additional 1,445,041 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 111.5% in the 3rd quarter. Bank of America Corp DE now owns 1,627,328 shares of the company’s stock valued at $84,995,000 after purchasing an additional 857,957 shares in the last quarter. Hilton Capital Management LLC acquired a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 4th quarter valued at about $40,208,000. Americana Partners LLC lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13,679.1% in the 3rd quarter. Americana Partners LLC now owns 732,086 shares of the company’s stock valued at $38,237,000 after purchasing an additional 726,773 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 723.5% in the 4th quarter. Wells Fargo & Company MN now owns 660,520 shares of the company’s stock valued at $34,875,000 after purchasing an additional 580,313 shares in the last quarter.

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.