Virtus Duff & Phelps Clean Energy ETF (NYSEARCA:VCLN) Trading Up 3.3% – Here’s What Happened

Virtus Duff & Phelps Clean Energy ETF (NYSEARCA:VCLN) shares were up 3.3% during trading on Tuesday . The company traded as high as $27.60 and last traded at $27.22. Approximately 10,544 shares traded hands during mid-day trading, an increase of 386% from the average daily volume of 2,168 shares. The stock had previously closed at $26.35.

Virtus Duff & Phelps Clean Energy ETF Trading Up 3.3%

The company has a market cap of $5.44 million, a PE ratio of 15.85 and a beta of 1.12. The firm has a 50 day moving average of $25.52 and a two-hundred day moving average of $22.38.

Hedge Funds Weigh In On Virtus Duff & Phelps Clean Energy ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Virtus Advisers LLC purchased a new position in shares of Virtus Duff & Phelps Clean Energy ETF in the 1st quarter worth about $2,721,000. Jane Street Group LLC purchased a new position in Virtus Duff & Phelps Clean Energy ETF in the first quarter worth about $198,000. Duff & Phelps Investment Management Co. raised its holdings 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 worth $1,115,000 after buying an additional 36,675 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of Virtus Duff & Phelps Clean Energy ETF in the second quarter worth approximately $266,000.

About Virtus Duff & Phelps Clean Energy ETF

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.