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

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

Gabelli Growth Innovators ETF Stock Down 1.6 %

The company has a fifty day moving average price of $24.88 and a 200-day moving average price of $22.02. The stock has a market capitalization of $3.38 million, a P/E ratio of 37.18 and a beta of 1.26.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Gabelli Growth Innovators ETF stock. Gamco Investors INC. ET AL increased its stake in Gabelli Growth Innovators ETF (NYSEARCA:GGRW) by 2.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,400 shares of the company’s stock after acquiring an additional 2,200 shares during the period. Gamco Investors INC. ET AL owned approximately 66.06% of Gabelli Growth Innovators ETF worth $2,350,000 as of its most recent SEC filing.

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.