GGRW

Gabelli Growth Innovators ETF

$35.21
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Gabelli Growth Innovators ETF (GGRW) seeks to provide long-term capital appreciation by investing in a portfolio of companies that the fund's investment manager believes are innovative leaders in their respective industries.

Overview

ETF tracking Gabelli Growth Innovators ETF

Category Growth
Issuer Other
Inception Date 2021-02-16
Market Cap $7.0M
Average Volume N/A
Dividend Yield N/A
52-Week Range $25.68 - $36.38
VWAP $35.04

Performance

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Investment Summary

📎 Investment Objective

The Gabelli Growth Innovators ETF (GGRW) seeks to provide long-term capital appreciation by investing in a portfolio of companies that the fund's investment manager believes are innovative leaders in their respective industries.

🎯 Investment Strategy

The fund invests primarily in the common stocks of U.S. companies that the investment manager believes are innovative leaders and have the potential for above-average growth. The manager uses a bottom-up, fundamental research approach to identify companies that they believe are well-positioned to benefit from long-term secular growth trends.

✨ Key Features

  • Actively managed fund that focuses on innovative growth companies
  • Concentrated portfolio of approximately 30-40 stocks
  • Sector and industry diversification to manage risk
  • No investment minimum and daily liquidity

⚠️ Primary Risks

  • Equity market risk: The value of the fund's holdings may decline due to general market and economic conditions
  • Growth investing risk: Growth stocks may be more volatile and susceptible to rapid price swings
  • Concentration risk: The fund's performance may be more volatile due to its focus on a limited number of holdings
  • Management risk: The investment manager's decisions may not produce the desired results

👤 Best For

The Gabelli Growth Innovators ETF may be suitable for investors seeking long-term capital appreciation through exposure to a portfolio of innovative growth companies. This fund may be appropriate for investors with a higher risk tolerance and a longer investment horizon.