Virtus Duff & Phelps Clean Energy ETF (NYSEARCA:VCLN) Stock Price Up 1.8% – Time to Buy?

Virtus Duff & Phelps Clean Energy ETF (NYSEARCA:VCLN) rose 1.8% on Wednesday . The company traded as high as $33.26 and last traded at $32.67. Approximately 1,209 shares were traded during trading, a decline of 46% from the average daily volume of 2,259 shares. The stock had previously closed at $32.10.

Virtus Duff & Phelps Clean Energy ETF Trading Up 1.1%

The stock has a 50-day simple moving average of $29.93 and a two-hundred day simple moving average of $28.09. The firm has a market capitalization of $6.86 million, a P/E ratio of 15.85 and a beta of 1.11.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in VCLN. Jane Street Group LLC purchased a new stake in shares of Virtus Duff & Phelps Clean Energy ETF in the 1st quarter worth approximately $198,000. Marex Group plc purchased a new position in Virtus Duff & Phelps Clean Energy ETF during the fourth quarter valued at approximately $221,000. Finally, Flow Traders U.S. LLC purchased a new position in Virtus Duff & Phelps Clean Energy ETF during the second quarter valued at 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.