Virtus Duff & Phelps Clean Energy ETF (NYSEARCA:VCLN) Shares Down 2.4% – Time to Sell?

Virtus Duff & Phelps Clean Energy ETF (NYSEARCA:VCLN)’s share price fell 2.4% on Thursday . The stock traded as low as $29.69 and last traded at $29.77. Approximately 1,081 shares were traded during mid-day trading, a decline of 44% from the average session volume of 1,945 shares. The stock had previously closed at $30.49.

Virtus Duff & Phelps Clean Energy ETF Stock Down 2.4%

The company has a market cap of $5.95 million, a PE ratio of 15.85 and a beta of 1.15. The business has a 50-day simple moving average of $32.61 and a 200-day simple moving average of $29.53.

Institutional Investors Weigh In On Virtus Duff & Phelps Clean Energy ETF

Several institutional investors and hedge funds have recently modified their holdings of the company. Marex Group plc acquired a new position in Virtus Duff & Phelps Clean Energy ETF during the 4th quarter worth about $221,000. Flow Traders U.S. LLC grew its position in Virtus Duff & Phelps Clean Energy ETF by 25.2% in the 3rd quarter. Flow Traders U.S. LLC now owns 17,191 shares of the company’s stock valued at $410,000 after acquiring an additional 3,462 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in Virtus Duff & Phelps Clean Energy ETF during the first quarter worth about $198,000.

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.