Gabelli Growth Innovators ETF (NYSEARCA:GGRW – Get Free Report) rose 0.9% during trading on Tuesday . The company traded as high as $37.72 and last traded at $37.72. Approximately 13 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 872 shares. The stock had previously closed at $37.39.
Gabelli Growth Innovators ETF Stock Up 0.9%
The firm has a market capitalization of $7.54 million, a price-to-earnings ratio of 43.52 and a beta of 1.23. The business’s 50-day simple moving average is $37.13 and its two-hundred day simple moving average is $35.48.
Hedge Funds Weigh In On Gabelli Growth Innovators ETF
An institutional investor recently bought a new stake in Gabelli Growth Innovators ETF stock. Gamco Investors INC. ET AL bought a new stake in Gabelli Growth Innovators ETF (NYSEARCA:GGRW – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 100,000 shares of the company’s stock, valued at approximately $3,526,000. Gamco Investors INC. ET AL owned about 58.82% of Gabelli Growth Innovators ETF as of its most recent filing with the Securities and Exchange Commission.
About Gabelli Growth Innovators ETF
The Gabelli Growth Innovators ETF (GGRW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, non-transparent fund that seeks growth of capital and income by targeting US-listed companies with high future earnings potential relative to their current market value and considered to be innovative in their industry. The fund utilizes the Precidian non-transparent model. GGRW was launched on Feb 16, 2021 and is managed by Gabelli.
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