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

Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP)’s share price was down 0.8% during trading on Monday . The company traded as low as $36.85 and last traded at $36.85. Approximately 1,309 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 4,977 shares. The stock had previously closed at $37.14.

Gabelli Love Our Planet & People ETF Trading Down 0.8%

The stock has a market capitalization of $18.43 million, a PE ratio of 18.65 and a beta of 0.98. The company’s 50-day moving average is $35.03 and its 200 day moving average is $33.35.

Gabelli Love Our Planet & People ETF Announces Dividend

The company also recently announced an annual dividend, which was paid on Friday, January 9th. Investors of record on Monday, December 29th were paid a $0.2742 dividend. The ex-dividend date was Monday, December 29th. This represents a yield of 82.0%.

Hedge Funds Weigh In On Gabelli Love Our Planet & People ETF

A number of institutional investors have recently bought and sold shares of the business. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in shares of Gabelli Love Our Planet & People ETF in the 4th quarter valued at $202,000. Gabelli Funds LLC acquired a new position in Gabelli Love Our Planet & People ETF during the fourth quarter valued at $661,000. Finally, Gamco Investors INC. ET AL acquired a new position in Gabelli Love Our Planet & People ETF during 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.