Gabelli Growth Innovators ETF (NYSEARCA:GGRW) Shares Down 1.3%

Gabelli Growth Innovators ETF (NYSEARCA:GGRW)’s stock price was down 1.3% during mid-day trading on Wednesday . The stock traded as low as $24.69 and last traded at $24.69. Approximately 16 shares were traded during trading, a decline of 100% from the average daily volume of 4,362 shares. The stock had previously closed at $25.02.

Gabelli Growth Innovators ETF Stock Down 1.3 %

The stock has a market cap of $3.46 million, a PE ratio of 37.18 and a beta of 1.26. The firm has a 50-day simple moving average of $24.88 and a 200-day simple moving average of $22.00.

Institutional Investors 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 increased its holdings in Gabelli Growth Innovators ETF (NYSEARCA:GGRW) by 2.2% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 102,400 shares of the company’s stock after buying an additional 2,200 shares during the period. Gamco Investors INC. ET AL owned 66.06% of Gabelli Growth Innovators ETF worth $2,350,000 as of its most recent SEC filing.

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.