Virtus Duff & Phelps Clean Energy ETF (NYSEARCA:VCLN) Stock Price Down 1.5% – Time to Sell?

Shares of Virtus Duff & Phelps Clean Energy ETF (NYSEARCA:VCLN) dropped 1.5% during mid-day trading on Wednesday . The company traded as low as $16.85 and last traded at $16.85. Approximately 212 shares changed hands during trading, a decline of 77% from the average daily volume of 920 shares. The stock had previously closed at $17.10.

Virtus Duff & Phelps Clean Energy ETF Stock Performance

The firm has a market capitalization of $5.48 million, a price-to-earnings ratio of 14.81 and a beta of 1.14. The firm has a fifty day moving average price of $17.00 and a 200 day moving average price of $17.86.

Institutional Trading of Virtus Duff & Phelps Clean Energy ETF

A hedge fund recently raised its stake in Virtus Duff & Phelps Clean Energy ETF stock. Virtus Investment Advisers Inc. boosted its stake in Virtus Duff & Phelps Clean Energy ETF (NYSEARCA:VCLN) by 11.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 163,001 shares of the company’s stock after buying an additional 17,200 shares during the quarter. Virtus Duff & Phelps Clean Energy ETF makes up about 2.1% of Virtus Investment Advisers Inc.’s holdings, making the stock its 2nd biggest position. Virtus Investment Advisers Inc. owned about 54.33% of Virtus Duff & Phelps Clean Energy ETF worth $2,739,000 as of its most recent filing with the SEC.

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.