Carter Financial Group INC. Sells 32,702 Shares of Gabelli Financial Services Opportunities ETF $GABF

Carter Financial Group INC. cut its stake in shares of Gabelli Financial Services Opportunities ETF (NYSEARCA:GABF) by 50.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 31,728 shares of the company’s stock after selling 32,702 shares during the quarter. Carter Financial Group INC. owned approximately 2.88% of Gabelli Financial Services Opportunities ETF worth $1,396,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Gabelli Funds LLC raised its stake in Gabelli Financial Services Opportunities ETF by 805.3% during the 1st quarter. Gabelli Funds LLC now owns 407,363 shares of the company’s stock worth $16,954,000 after acquiring an additional 362,363 shares during the period. Mirae Asset Securities USA Inc. bought a new position in shares of Gabelli Financial Services Opportunities ETF in the first quarter worth approximately $236,000. Gamco Investors INC. ET AL boosted its position in shares of Gabelli Financial Services Opportunities ETF by 1,062.1% in the fourth quarter. Gamco Investors INC. ET AL now owns 214,520 shares of the company’s stock worth $9,911,000 after purchasing an additional 196,060 shares during the period. Susquehanna International Group LLP boosted its position in shares of Gabelli Financial Services Opportunities ETF by 22.1% in the third quarter. Susquehanna International Group LLP now owns 11,107 shares of the company’s stock worth $535,000 after purchasing an additional 2,012 shares during the period. Finally, Thrivent Financial for Lutherans purchased a new stake in shares of Gabelli Financial Services Opportunities ETF in the second quarter worth $1,032,000.

Gabelli Financial Services Opportunities ETF Price Performance

Shares of GABF stock opened at $46.14 on Thursday. The company has a market capitalization of $50.75 million, a price-to-earnings ratio of 19.92 and a beta of 1.05. Gabelli Financial Services Opportunities ETF has a one year low of $38.34 and a one year high of $49.81. The company’s fifty day moving average price is $45.73 and its 200-day moving average price is $44.15.

About Gabelli Financial Services Opportunities ETF

The Gabelli Financial Services Opportunities ETF (GABF) is an exchange-traded fund that mostly invests in financials equity. The fund is an actively managed, non-transparent fund of US-listed equities of financial services firms. The fund utilizes the Precidian non-transparent model. GABF was launched on May 9, 2022 and is managed by Gabelli.