Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) Shares Up 1.2% – Time to Buy?

Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP)’s stock price was up 1.2% during mid-day trading on Tuesday . The company traded as high as $39.84 and last traded at $39.84. Approximately 1,586 shares changed hands during trading, a decline of 11% from the average session volume of 1,782 shares. The stock had previously closed at $39.35.

Gabelli Love Our Planet & People ETF Stock Performance

The stock’s fifty day simple moving average is $37.80 and its two-hundred day simple moving average is $36.10. The company has a market capitalization of $15.94 million, a price-to-earnings ratio of 18.65 and a beta of 0.95.

Institutional Trading of Gabelli Love Our Planet & People ETF

Large investors have recently added to or reduced their stakes in the business. Gabelli Funds LLC acquired a new position in Gabelli Love Our Planet & People ETF in the fourth quarter worth approximately $661,000. Gamco Investors INC. ET AL bought a new position in shares of Gabelli Love Our Planet & People ETF in the fourth 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 during the 4th quarter valued at $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.