Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) Trading 0.6% Higher – Still a Buy?

Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP)’s stock price shot up 0.6% on Friday . The company traded as high as $36.70 and last traded at $36.70. 26 shares were traded during trading, a decline of 98% from the average daily volume of 1,312 shares. The stock had previously closed at $36.47.

Gabelli Love Our Planet & People ETF Trading Up 0.6%

The stock has a market cap of $14.68 million, a price-to-earnings ratio of 18.65 and a beta of 0.94. The company’s fifty day moving average is $37.81 and its two-hundred day moving average is $37.19.

Institutional Investors Weigh In On Gabelli Love Our Planet & People ETF

A number of institutional investors have recently modified their holdings of the company. Gabelli Funds LLC raised its holdings in shares of Gabelli Love Our Planet & People ETF by 114.0% in the 1st quarter. Gabelli Funds LLC now owns 42,800 shares of the company’s stock valued at $1,484,000 after buying an additional 22,800 shares during the period. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in Gabelli Love Our Planet & People ETF during the 4th quarter valued at about $202,000. Finally, Gamco Investors INC. ET AL acquired a new position in Gabelli Love Our Planet & People ETF in the 4th 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.