Carter Financial Group INC. Cuts Stake in Gabelli Financial Services Opportunities ETF $GABF

Carter Financial Group INC. lessened its holdings in shares of Gabelli Financial Services Opportunities ETF (NYSEARCA:GABF) by 50.8% during the 2nd quarter, Holdings Channel reports. The firm owned 31,728 shares of the company’s stock after selling 32,702 shares during the period. Carter Financial Group INC.’s holdings in Gabelli Financial Services Opportunities ETF were worth $1,396,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Gabelli Funds LLC boosted its stake in Gabelli Financial Services Opportunities ETF by 805.3% in the 1st quarter. Gabelli Funds LLC now owns 407,363 shares of the company’s stock worth $16,954,000 after purchasing an additional 362,363 shares during the period. Gamco Investors INC. ET AL raised its position in shares of Gabelli Financial Services Opportunities ETF by 1,062.1% during the fourth quarter. Gamco Investors INC. ET AL now owns 214,520 shares of the company’s stock valued at $9,911,000 after buying an additional 196,060 shares during the last quarter. Thrivent Financial for Lutherans purchased a new position in shares of Gabelli Financial Services Opportunities ETF in the second quarter worth $1,032,000. Susquehanna International Group LLP lifted its holdings in shares of Gabelli Financial Services Opportunities ETF by 22.1% in the third quarter. Susquehanna International Group LLP now owns 11,107 shares of the company’s stock worth $535,000 after buying an additional 2,012 shares in the last quarter. Finally, Mirae Asset Securities USA Inc. bought a new position in shares of Gabelli Financial Services Opportunities ETF during the first quarter worth $236,000.

Gabelli Financial Services Opportunities ETF Stock Performance

Shares of NYSEARCA:GABF opened at $46.14 on Thursday. The firm has a market cap of $50.75 million, a price-to-earnings ratio of 19.92 and a beta of 1.05. The firm has a fifty day moving average price of $45.73 and a 200 day moving average price of $44.15. Gabelli Financial Services Opportunities ETF has a fifty-two week low of $38.34 and a fifty-two week high of $49.81.

Gabelli Financial Services Opportunities ETF Profile

The Gabelli Financial Services Opportunities ETF (GABF) is an exchange-traded fund that mostly invests in financials equity. The fund is an actively managed, non-transparent fund of US-listed equities of financial services firms. The fund utilizes the Precidian non-transparent model. GABF was launched on May 9, 2022 and is managed by Gabelli.