Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) Trading Up 2.3% – What’s Next?

Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP)’s share price was up 2.3% during trading on Thursday . The company traded as high as $37.41 and last traded at $37.41. Approximately 541 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 2,393 shares. The stock had previously closed at $36.57.

Gabelli Love Our Planet & People ETF Price Performance

The firm has a market capitalization of $14.96 million, a P/E ratio of 18.65 and a beta of 0.97. The stock’s fifty day simple moving average is $35.83 and its 200 day simple moving average is $34.56.

Hedge Funds Weigh In On Gabelli Love Our Planet & People ETF

Hedge funds have recently modified their holdings of the stock. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in shares of Gabelli Love Our Planet & People ETF during the fourth quarter valued at about $202,000. Gabelli Funds LLC acquired a new position in shares of Gabelli Love Our Planet & People ETF during the fourth quarter valued at about $661,000. Finally, Gamco Investors INC. ET AL acquired a new position in shares of Gabelli Love Our Planet & People ETF during the fourth quarter valued at about $3,222,000.

Gabelli Love Our Planet & People ETF Company Profile

The Gabelli Love Our Planet & People ETF (LOPP) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively managed, non-transparent fund of US-listed companies selected by combining ESG with value-oriented investing. The fund utilizes the Precidian non-transparent model. LOPP was launched on Feb 1, 2021 and is managed by Gabelli.