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

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

Goldman Sachs S&P 500 Core Premium Income ETF Price Performance

The firm has a market cap of $3.52 billion, a PE ratio of 25.98 and a beta of 0.84. The business has a 50-day moving average price of $51.60 and a two-hundred day moving average price of $52.24.

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

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

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Investment Planning Advisors Inc. increased its position in Goldman Sachs S&P 500 Core Premium Income ETF by 18.2% during the 1st quarter. Investment Planning Advisors Inc. now owns 35,503 shares of the company’s stock worth $1,777,000 after purchasing an additional 5,455 shares in the last quarter. Next Level Private LLC increased its position in Goldman Sachs S&P 500 Core Premium Income ETF by 1.3% during the 1st quarter. Next Level Private LLC now owns 15,288 shares of the company’s stock worth $765,000 after purchasing an additional 191 shares in the last quarter. Apollon Wealth Management LLC increased its position in Goldman Sachs S&P 500 Core Premium Income ETF by 2.2% during the 1st quarter. Apollon Wealth Management LLC now owns 29,476 shares of the company’s stock worth $1,475,000 after purchasing an additional 634 shares in the last quarter. Pasadena Private Wealth LLC increased its position in Goldman Sachs S&P 500 Core Premium Income ETF by 6.4% during the 1st quarter. Pasadena Private Wealth LLC now owns 11,571 shares of the company’s stock worth $579,000 after purchasing an additional 700 shares in the last quarter. Finally, Mayfair Advisory Group LLC increased its position in Goldman Sachs S&P 500 Core Premium Income ETF by 6.0% during the 1st quarter. Mayfair Advisory Group LLC now owns 23,620 shares of the company’s stock worth $1,182,000 after purchasing an additional 1,330 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.