Gabelli Growth Innovators ETF (NYSEARCA:GGRW) Trading Down 1.3%

Gabelli Growth Innovators ETF (NYSEARCA:GGRW)’s stock price traded down 1.3% on Wednesday . The stock traded as low as $24.69 and last traded at $24.69. 16 shares were traded during mid-day trading, a decline of 100% from the average session volume of 4,362 shares. The stock had previously closed at $25.02.

Gabelli Growth Innovators ETF Trading Down 1.6 %

The firm has a fifty day simple moving average of $24.88 and a two-hundred day simple moving average of $22.02. The stock has a market cap of $3.38 million, a PE ratio of 37.18 and a beta of 1.26.

Hedge Funds Weigh In On Gabelli Growth Innovators ETF

A hedge fund recently raised its stake in Gabelli Growth Innovators ETF stock. Gamco Investors INC. ET AL lifted its position in Gabelli Growth Innovators ETF (NYSEARCA:GGRW) by 2.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 102,400 shares of the company’s stock after purchasing an additional 2,200 shares during the quarter. Gamco Investors INC. ET AL owned 66.06% of Gabelli Growth Innovators ETF worth $2,350,000 at the end of the most recent quarter.

About Gabelli Growth Innovators ETF

The Gabelli Growth Innovators ETF (GGRW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, non-transparent fund that seeks growth of capital and income by targeting US-listed companies with high future earnings potential relative to their current market value and considered to be innovative in their industry.