Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) Shares Up 0.4% – Here’s Why

Shares of Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) shot up 0.4% during mid-day trading on Tuesday . The company traded as high as $34.86 and last traded at $34.86. 130 shares traded hands during trading, a decline of 96% from the average session volume of 3,644 shares. The stock had previously closed at $34.71.

Gabelli Love Our Planet & People ETF Stock Up 0.4%

The firm has a market capitalization of $17.43 million, a PE ratio of 18.65 and a beta of 0.98. The stock has a 50-day moving average price of $35.74 and a 200 day moving average price of $33.78.

Gabelli Love Our Planet & People ETF Dividend Announcement

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

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

A number of large investors have recently added to or reduced their stakes in LOPP. Gamco Investors INC. ET AL purchased a new position in Gabelli Love Our Planet & People ETF during the fourth quarter valued at $3,222,000. Gabelli Funds LLC purchased a new stake in shares of Gabelli Love Our Planet & People ETF during the fourth quarter worth about $661,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in shares of Gabelli Love Our Planet & People ETF during the 4th quarter worth about $202,000.

Gabelli Love Our Planet & People ETF Company Profile

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.