Virtus Duff & Phelps Clean Energy ETF (NYSEARCA:VCLN) Trading Up 0.4% – Should You Buy?

Virtus Duff & Phelps Clean Energy ETF (NYSEARCA:VCLN) shares were up 0.4% during trading on Tuesday . The stock traded as high as $24.32 and last traded at $24.32. Approximately 3 shares traded hands during trading, a decline of 100% from the average daily volume of 1,986 shares. The stock had previously closed at $24.23.

Virtus Duff & Phelps Clean Energy ETF Stock Up 0.4%

The company’s fifty day moving average price is $22.13 and its 200 day moving average price is $19.59. The company has a market capitalization of $4.86 million, a P/E ratio of 15.85 and a beta of 1.16.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in VCLN. Virtus Advisers LLC bought a new position in Virtus Duff & Phelps Clean Energy ETF in the first quarter valued at approximately $2,721,000. Jane Street Group LLC acquired a new stake in Virtus Duff & Phelps Clean Energy ETF in the first quarter valued at approximately $198,000. Duff & Phelps Investment Management Co. boosted its position in Virtus Duff & Phelps Clean Energy ETF by 175.5% in the second quarter. Duff & Phelps Investment Management Co. now owns 57,575 shares of the company’s stock valued at $1,115,000 after buying an additional 36,675 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in Virtus Duff & Phelps Clean Energy ETF in the second quarter valued at approximately $266,000.

Virtus Duff & Phelps Clean Energy ETF Company Profile

The Virtus Duff & Phelps Clean Energy ETF (VCLN) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in clean energy companies from around the world. VCLN was launched on Aug 3, 2021 and is managed by Virtus.