Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Hits New 52-Week High – What’s Next?

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $52.53 and last traded at $52.50, with a volume of 756399 shares. The stock had previously closed at $52.30.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

The business has a 50-day moving average of $50.72 and a 200-day moving average of $47.74. The stock has a market capitalization of $1.27 billion, a price-to-earnings ratio of 33.26 and a beta of 1.02.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter valued at about $25,000. Steward Partners Investment Advisory LLC purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter valued at about $49,000. Harbour Investments Inc. purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 1st quarter valued at about $93,000. Farther Finance Advisors LLC purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter valued at about $110,000. Finally, Centaurus Financial Inc. purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter valued at about $147,000.

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.