Compass Ion Advisors LLC Buys 4,769 Shares of Gabelli Financial Services Opportunities ETF (NYSEARCA:GABF)

Compass Ion Advisors LLC boosted its stake in Gabelli Financial Services Opportunities ETF (NYSEARCA:GABF) by 29.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 20,950 shares of the company’s stock after buying an additional 4,769 shares during the quarter. Compass Ion Advisors LLC owned about 0.05% of Gabelli Financial Services Opportunities ETF worth $894,000 as of its most recent SEC filing.

Separately, Gamco Investors INC. ET AL lifted its stake in shares of Gabelli Financial Services Opportunities ETF by 2.1% in the 1st quarter. Gamco Investors INC. ET AL now owns 217,195 shares of the company’s stock valued at $8,060,000 after purchasing an additional 4,500 shares during the period.

Gabelli Financial Services Opportunities ETF Price Performance

GABF stock traded down $0.10 during midday trading on Friday, hitting $46.29. The stock had a trading volume of 5,925 shares, compared to its average volume of 5,414. The business has a 50-day moving average of $42.12 and a two-hundred day moving average of $39.43. The firm has a market cap of $18.52 million, a price-to-earnings ratio of 15.68 and a beta of 0.94. Gabelli Financial Services Opportunities ETF has a 52-week low of $27.44 and a 52-week high of $46.53.

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.