Gabelli Growth Innovators ETF (NYSEARCA:GGRW) Shares Down 0.9% – What’s Next?

Gabelli Growth Innovators ETF (NYSEARCA:GGRW)’s stock price was down 0.9% on Tuesday . The company traded as low as $34.58 and last traded at $34.58. Approximately 19 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 1,006 shares. The stock had previously closed at $34.91.

Gabelli Growth Innovators ETF Trading Down 0.9%

The stock has a market cap of $6.92 million, a PE ratio of 43.52 and a beta of 1.25. The business’s 50-day moving average price is $35.44 and its 200-day moving average price is $33.87.

Hedge Funds Weigh In On Gabelli Growth Innovators ETF

An institutional investor recently raised its position in Gabelli Growth Innovators ETF stock. Gamco Investors INC. ET AL grew its holdings in shares of Gabelli Growth Innovators ETF (NYSEARCA:GGRW) by 2.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 102,500 shares of the company’s stock after purchasing an additional 2,500 shares during the period. Gamco Investors INC. ET AL owned approximately 52.56% of Gabelli Growth Innovators ETF worth $2,891,000 at the end of the most recent quarter.

Gabelli Growth Innovators ETF Company Profile

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.