Gabelli Commercial Aerospace & Defense ETF (GCAD)
- Previous Close
34.44 - Open
34.63 - Bid 34.39 x 800
- Ask 34.54 x 800
- Day's Range
34.63 - 34.63 - 52 Week Range
25.00 - 37.03 - Volume
194 - Avg. Volume
980 - Net Assets 7.3M
- NAV 34.40
- PE Ratio (TTM) --
- Yield 1.82%
- YTD Daily Total Return 1.27%
- Beta (5Y Monthly) 0.00
- Expense Ratio (net) 0.00%
The fund will seek to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets in securities in income producing equity securities including securities in the aerospace and defense sectors. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts. Defense companies include producers of components and equipment for the defense industry, such as military aircraft, radar equipment and weapons.
Gabelli
Fund Family
Industrials
Fund Category
7.3M
Net Assets
2023-01-03
Inception Date
Performance Overview: GCAD
View MoreTrailing returns as of 4/25/2025. Category is Industrials.
People Also Watch
Holdings: GCAD
View MoreTop 10 Holdings (50.82% of Total Assets)
Sector Weightings
Recent News: GCAD
View More
Research Reports: GCAD
View MoreModest inflows in 1Q
Federated Hermes, based in Pittsburgh, is an asset management holding company with about $840 billion in AUM as of March 31, 2025. It offers equity, fixed-income, and money-market funds. The company's clients include high-net-worth individuals, registered investment advisors, pension funds, charities, and government organizations. Federated Hermes takes a relatively conservative, long-term approach to investing.
RatingPrice TargetAfter three days of solid upward movement, stocks are waffling at midday on
After three days of solid upward movement, stocks are waffling at midday on Friday, with the Dow Jones Industrial Average lower, the S&P 500 around breakeven, and the Nasdaq in the green, albeit by only 0.4% as of this writing. The Nasdaq is being helped by a generally good earnings report from Alphabet, offset a tad by a weak outlook from Intel. Still, tariff anxiety continues to loom in the background and the future of the U.S. economy appears to be very much on the mind of the average investor. The University of Michigan reported that its reading on consumer sentiment has improved to 52.2 from 50.8 earlier this month. But the final result is still among the weakest readings in almost three years and overall sentiment has fallen for four consecutive months.
Federated Hermes Earnings: Increased Inflows From Long-Term Funds Unlikely to Continue in 2025
Federated Hermes provides asset-management services for institutional and individual investors. The firm had $800 billion in managed assets at the end of September 2024, composed of equity (10%), multi-asset (less than 1%), fixed-income (12%), alternative (3%), and money market (74%) funds. The firm's cash-management operations are expected to generate around 51% of Federated's revenue this year, compared with 29%, 12%, and 7%, respectively, for the equity, fixed-income, and alternatives/multi-asset operations. The company's products are distributed via trust banks, wealth managers, and retail broker/dealers (65% of AUM), institutional investors (26%), and international clients (9%).
RatingPrice TargetU.S. stocks closed lower on Thursday, driven by Technology,
U.S. stocks closed lower on Thursday, driven by Technology, Utility and Consumer Services stocks. The worst performing stocks were NVIDIA (NVDA), down 8.5% and Super Micro Computer Inc. (SMCI), down 16%. The S&P 500 fell 1.6%, the Dow dropped 0.4% and the Nasdaq lost 2.8%.