Gabelli Funds LLC Buys 362,363 Shares of Gabelli Financial Services Opportunities ETF $GABF

Gabelli Funds LLC boosted its stake in shares of Gabelli Financial Services Opportunities ETF (NYSEARCA:GABF) by 805.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 407,363 shares of the company’s stock after acquiring an additional 362,363 shares during the quarter. Gabelli Funds LLC owned 33.95% of Gabelli Financial Services Opportunities ETF worth $16,954,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of GABF. Susquehanna International Group LLP boosted its stake in shares of Gabelli Financial Services Opportunities ETF by 22.1% during the third quarter. Susquehanna International Group LLP now owns 11,107 shares of the company’s stock valued at $535,000 after purchasing an additional 2,012 shares during the period. Carter Financial Group INC. increased its stake in shares of Gabelli Financial Services Opportunities ETF by 5.8% in the fourth quarter. Carter Financial Group INC. now owns 64,553 shares of the company’s stock worth $3,040,000 after buying an additional 3,521 shares during the period. Mirae Asset Securities USA Inc. bought a new stake in Gabelli Financial Services Opportunities ETF during the 1st quarter valued at $236,000. Thrivent Financial for Lutherans bought a new stake in Gabelli Financial Services Opportunities ETF during the 2nd quarter valued at $1,032,000. Finally, Gamco Investors INC. ET AL boosted its position in Gabelli Financial Services Opportunities ETF by 1,062.1% during the 4th 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 period.

Gabelli Financial Services Opportunities ETF Stock Up 1.0%

Shares of GABF opened at $44.90 on Friday. The stock has a market capitalization of $49.39 million, a P/E ratio of 19.92 and a beta of 1.06. Gabelli Financial Services Opportunities ETF has a twelve month low of $38.34 and a twelve month high of $49.81. The firm has a fifty day simple moving average of $44.37 and a two-hundred day simple moving average of $44.21.

About Gabelli Financial Services Opportunities ETF

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.