GPIX Stock Summary and Trading Ideas (Goldman Sachs S&P 500 Core Premium Income ETF | NASDAQ:GPIX)

The Goldman Sachs S&P 500 Core Premium Income ETF (the "Fund") seeks current income while maintaining prospects for capital appreciation. Provides core equity exposure to the S&P 500 Index and dynamically sells call options, allowing for participation with rising markets and potential outperformance in negative to flat markets.

Goldman Sachs S&P 500 Core Premium Income ETF trades on the NASDAQ stock market under the symbol GPIX.

As of December 12, 2024, GPIX stock price declined to $50.56 with 123,441 million shares trading.

GPIX has a beta of 0.85, meaning it tends to be less sensitive to market movements. GPIX has a correlation of 0.98 to the broad based SPY ETF.

GPIX has a market cap of $333.19 million. This is considered a Small Cap stock.

GPIX has underperformed the market in the last year with a price return of +26.5% while the SPY ETF gained +32.3%. GPIX has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +8.6% and +0.8%, respectively, while the SPY returned +9.3% and +0.9%, respectively.

GPIX support price is $50.44 and resistance is $50.92 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GPIX shares will trade within this expected range on the day.