Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) Stock Price Up 0.6% – Still a Buy?

Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) rose 0.6% during mid-day trading on Friday . The stock traded as high as $36.70 and last traded at $36.70. 26 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 1,312 shares. The stock had previously closed at $36.47.

Gabelli Love Our Planet & People ETF Stock Up 0.6%

The firm has a fifty day simple moving average of $37.81 and a 200-day simple moving average of $37.19. The company has a market cap of $14.68 million, a PE ratio of 18.65 and a beta of 0.94.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in Gabelli Love Our Planet & People ETF in the fourth quarter valued at approximately $202,000. Gabelli Funds LLC purchased a new position in shares of Gabelli Love Our Planet & People ETF during the fourth quarter worth approximately $661,000. Finally, Gamco Investors INC. ET AL purchased a new position in shares of Gabelli Love Our Planet & People ETF during the fourth quarter worth approximately $3,222,000.

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.