Gabelli Growth Innovators ETF (NYSEARCA:GGRW) Shares Down 0.6% – Time to Sell?

by · The Markets Daily

Gabelli Growth Innovators ETF (NYSEARCA:GGRW – Get Free Report)’s share price dropped 0.6% during mid-day trading on Wednesday . The stock traded as low as $35.26 and last traded at $35.26. Approximately 538 shares traded hands during mid-day trading, a decline of 44% from the average daily volume of 955 shares. The stock had previously closed at $35.47.

Gabelli Growth Innovators ETF Price Performance

The firm has a market capitalization of $7.05 million, a PE ratio of 43.52 and a beta of 1.25. The stock’s 50-day moving average price is $35.49 and its 200 day moving average price is $34.73.

Gabelli Growth Innovators ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, January 9th. Shareholders of record on Monday, December 29th will be issued a dividend of $0.1512 per share. The ex-dividend date is Monday, December 29th.

About Gabelli Growth Innovators ETF

(Get Free Report)

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. The fund utilizes the Precidian non-transparent model. GGRW was launched on Feb 16, 2021 and is managed by Gabelli.

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