Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) Stock Price Down 0.7%

Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) shares dropped 0.7% during mid-day trading on Tuesday . The stock traded as low as $25.45 and last traded at $25.45. Approximately 2 shares were traded during trading, a decline of 100% from the average daily volume of 470 shares. The stock had previously closed at $25.62.

Gabelli Love Our Planet & People ETF Price Performance

The firm has a 50 day simple moving average of $25.64 and a two-hundred day simple moving average of $24.49. The stock has a market cap of $12.68 million, a price-to-earnings ratio of 18.37 and a beta of 0.91.

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

Several hedge funds have recently added to or reduced their stakes in the stock. Gamco Investors INC. ET AL lifted its stake in Gabelli Love Our Planet & People ETF by 3.7% in the first quarter. Gamco Investors INC. ET AL now owns 183,145 shares of the company’s stock valued at $4,993,000 after buying an additional 6,500 shares during the period. GABELLI & Co INVESTMENT ADVISERS INC. lifted its stake in Gabelli Love Our Planet & People ETF by 34.6% in the first quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 28,800 shares of the company’s stock valued at $785,000 after buying an additional 7,400 shares during the period. Finally, GTS Securities LLC acquired a new position in Gabelli Love Our Planet & People ETF in the second quarter valued at about $342,000.

About Gabelli Love Our Planet & People ETF

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.