Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) Trading Down 0.8% – What’s Next?

Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP)’s stock price was down 0.8% on Monday . The stock traded as low as $36.85 and last traded at $36.85. Approximately 1,309 shares were traded during trading, a decline of 74% from the average daily volume of 4,977 shares. The stock had previously closed at $37.14.

Gabelli Love Our Planet & People ETF Stock Down 0.8%

The stock’s 50 day moving average price is $35.03 and its 200-day moving average price is $33.35. The stock has a market capitalization of $18.43 million, a PE ratio of 18.65 and a beta of 0.98.

Gabelli Love Our Planet & People ETF Dividend Announcement

The business also recently announced an annual dividend, which was paid on Friday, January 9th. Shareholders of record on Monday, December 29th were paid a $0.2742 dividend. This represents a yield of 82.0%. The ex-dividend date was Monday, December 29th.

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

Several institutional investors have recently made changes to their positions in the company. Gabelli Funds LLC acquired a new stake in Gabelli Love Our Planet & People ETF in the fourth quarter valued at approximately $661,000. Gamco Investors INC. ET AL purchased a new stake in shares of Gabelli Love Our Planet & People ETF during the 4th quarter valued at $3,222,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in shares of Gabelli Love Our Planet & People ETF in the 4th quarter worth $202,000.

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.