Virtus Duff & Phelps Clean Energy ETF (NYSEARCA:VCLN) Trading 0.7% Higher – Here’s What Happened

Shares of Virtus Duff & Phelps Clean Energy ETF (NYSEARCA:VCLN) shot up 0.7% during mid-day trading on Wednesday . The stock traded as high as $26.00 and last traded at $25.41. 1,570 shares were traded during trading, a decline of 26% from the average session volume of 2,122 shares. The stock had previously closed at $25.23.

Virtus Duff & Phelps Clean Energy ETF Trading Up 0.7%

The stock has a 50-day moving average price of $23.47 and a 200 day moving average price of $20.60. The stock has a market capitalization of $5.08 million, a price-to-earnings ratio of 15.85 and a beta of 1.12.

Institutional Trading of Virtus Duff & Phelps Clean Energy ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Flow Traders U.S. LLC purchased a new position in Virtus Duff & Phelps Clean Energy ETF during the second quarter valued at $266,000. Duff & Phelps Investment Management Co. increased its stake in shares of Virtus Duff & Phelps Clean Energy ETF by 175.5% during the second quarter. Duff & Phelps Investment Management Co. now owns 57,575 shares of the company’s stock worth $1,115,000 after purchasing an additional 36,675 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Virtus Duff & Phelps Clean Energy ETF during the 1st quarter worth about $198,000. Finally, Virtus Advisers LLC purchased a new position in Virtus Duff & Phelps Clean Energy ETF in the 1st quarter valued at about $2,721,000.

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.