Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) Shares Down 0.8% – Here’s Why

Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP)’s stock price traded down 0.8% on Thursday . The company traded as low as $37.41 and last traded at $37.41. Approximately 15 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 1,413 shares. The stock had previously closed at $37.70.

Gabelli Love Our Planet & People ETF Stock Performance

The stock has a 50 day moving average of $38.36 and a two-hundred day moving average of $37.13. The stock has a market cap of $15.05 million, a PE ratio of 18.65 and a beta of 0.95.

Institutional Investors Weigh In On Gabelli Love Our Planet & People ETF

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

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.