Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Sees Large Volume Increase – What’s Next?

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) shares saw an uptick in trading volume on Monday . 93,118 shares changed hands during mid-day trading, an increase of 1% from the previous session’s volume of 92,033 shares.The stock last traded at $46.34 and had previously closed at $45.54.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Price Performance

The stock’s 50 day simple moving average is $48.41 and its 200-day simple moving average is $48.41. The stock has a market capitalization of $505.24 million, a price-to-earnings ratio of 30.70 and a beta of 1.02.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 7th. Investors of record on Monday, March 3rd were issued a $0.4148 dividend. The ex-dividend date was Monday, March 3rd.

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

Institutional investors have recently bought and sold shares of the stock. Great Valley Advisor Group Inc. acquired a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 3rd quarter valued at about $230,000. HighTower Advisors LLC boosted its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 91.1% during the third quarter. HighTower Advisors LLC now owns 66,975 shares of the company’s stock worth $3,212,000 after purchasing an additional 31,932 shares during the period. Jane Street Group LLC grew its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 688.6% during the third quarter. Jane Street Group LLC now owns 42,466 shares of the company’s stock valued at $2,036,000 after purchasing an additional 37,081 shares during the last quarter. EP Wealth Advisors LLC acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the third quarter valued at approximately $7,481,000. Finally, Synergy Financial Group LTD bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter valued at approximately $322,000.

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.