Goldman Sachs Bloomberg Clean Energy Equity ETF (BATS:GCLN) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Goldman Sachs Bloomberg Clean Energy Equity ETF (BATS:GCLN)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $35.71 and traded as high as $37.25. Goldman Sachs Bloomberg Clean Energy Equity ETF shares last traded at $37.25, with a volume of 29 shares changing hands.

Goldman Sachs Bloomberg Clean Energy Equity ETF Stock Up 0.1 %

The company has a 50 day moving average of $37.02 and a 200 day moving average of $35.74. The stock has a market capitalization of $14.74 million, a price-to-earnings ratio of 18.35 and a beta of 0.89.

Hedge Funds Weigh In On Goldman Sachs Bloomberg Clean Energy Equity ETF

A hedge fund recently raised its stake in Goldman Sachs Bloomberg Clean Energy Equity ETF stock. Virtu Financial LLC increased its holdings in Goldman Sachs Bloomberg Clean Energy Equity ETF (BATS:GCLN) by 85.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,052 shares of the company’s stock after buying an additional 10,149 shares during the quarter. Virtu Financial LLC owned about 5.51% of Goldman Sachs Bloomberg Clean Energy Equity ETF worth $726,000 at the end of the most recent reporting period.

About Goldman Sachs Bloomberg Clean Energy Equity ETF

The Goldman Sachs Bloomberg Clean Energy Equity ETF (GCLN) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies expected to have significant impact on the clean energy industry. Holdings are market-cap weighted and tilted towards those with more relevance to clean energy and decarbonization.