Gabelli Growth Innovators ETF (NYSEARCA:GGRW) Shares Down 0.3% – Should You Sell?

Shares of Gabelli Growth Innovators ETF (NYSEARCA:GGRW) traded down 0.3% during trading on Friday . The company traded as low as $35.31 and last traded at $35.31. 16 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 1,057 shares. The stock had previously closed at $35.42.

Gabelli Growth Innovators ETF Price Performance

The business has a 50 day moving average of $34.65 and a 200 day moving average of $32.12. The company has a market cap of $7.06 million, a PE ratio of 43.52 and a beta of 1.26.

Institutional Trading of Gabelli Growth Innovators ETF

An institutional investor recently raised its position in Gabelli Growth Innovators ETF stock. Gamco Investors INC. ET AL increased its holdings in Gabelli Growth Innovators ETF (NYSEARCA:GGRW) by 2.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 102,500 shares of the company’s stock after acquiring an additional 2,500 shares during the quarter. Gamco Investors INC. ET AL owned about 52.56% of Gabelli Growth Innovators ETF worth $2,891,000 as of its most recent filing with the Securities & Exchange Commission.

Gabelli Growth Innovators ETF Company Profile

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.