Gabelli Funds LLC Raises Stock Holdings in Gabelli Love Our Planet & People ETF $LOPP

Gabelli Funds LLC lifted its stake in shares of Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) by 114.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,800 shares of the company’s stock after acquiring an additional 22,800 shares during the period. Gabelli Funds LLC owned 10.70% of Gabelli Love Our Planet & People ETF worth $1,484,000 as of its most recent SEC filing.

Separately, GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in Gabelli Love Our Planet & People ETF in the 4th quarter valued at about $202,000.

Gabelli Love Our Planet & People ETF Trading Down 2.6%

NYSEARCA:LOPP opened at $36.66 on Thursday. The firm has a market cap of $14.66 million, a price-to-earnings ratio of 18.65 and a beta of 0.94. The company’s 50-day moving average is $38.17 and its two-hundred day moving average is $36.78. Gabelli Love Our Planet & People ETF has a 12-month low of $28.48 and a 12-month high of $40.00.

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.