Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Sees Unusually-High Trading Volume – Here’s What Happened

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) shares saw unusually-strong trading volume on Monday . Approximately 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 Stock Performance

The stock’s 50-day simple moving average is $48.35 and its two-hundred day simple moving average is $48.43. The stock has a market cap of $508.84 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 announced a dividend, which was paid on Friday, March 7th. Investors of record on Monday, March 3rd were paid a dividend of $0.4148 per share. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Trading of Goldman Sachs Nasdaq 100 Core Premium Income ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter valued at approximately $1,215,000. Centaurus Financial Inc. acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter valued at $147,000. Castle Rock Wealth Management LLC boosted its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 40.5% in the 4th quarter. Castle Rock Wealth Management LLC now owns 8,365 shares of the company’s stock valued at $424,000 after purchasing an additional 2,410 shares during the period. Comprehensive Money Management Services LLC acquired a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 4th quarter worth $214,000. Finally, Cornerstone Advisory LLC increased its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 178.8% during the 4th quarter. Cornerstone Advisory LLC now owns 23,697 shares of the company’s stock worth $1,200,000 after purchasing an additional 15,197 shares during the period.

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.