Welcome to our dedicated page for Gabelli Automation ETF news (Ticker: GAST), a resource for investors and traders seeking the latest updates and insights on Gabelli Automation ETF stock.
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Gabelli Asset ETF (NYSE: GAST) has been renamed Gabelli Automation ETF, emphasizing its focus on the automation ecosystem. The fund aims for capital appreciation by investing in firms across various sectors that support automation technologies. Notably, the fund will waive fees for the first
GAMCO Investors (NYSE: GBL) is set to launch the Gabelli Asset ETF (NYSE: GAST) on January 3, 2022. This team-managed fund aims for capital appreciation by investing in firms involved in automation, robotics, and related technologies. Notably, the first $25 million in assets will incur no fees. The investment team includes experienced professionals like Brett Kearney, Justin Bergner, and Hendi Susanto. The ETF will provide limited information to traders, which could impact pricing. As of September 30, 2021, GAMCO managed $33.5 billion in assets.
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