Goldman Sachs Bloomberg Clean Energy Equity ETF (BATS:GCLN) Share Price Crosses Above 200-Day Moving Average – Here’s Why

Goldman Sachs Bloomberg Clean Energy Equity ETF (BATS:GCLN) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $35.51 and traded as high as $36.64. Goldman Sachs Bloomberg Clean Energy Equity ETF shares last traded at $36.64, with a volume of 76 shares traded.

Goldman Sachs Bloomberg Clean Energy Equity ETF Price Performance

The company has a 50-day simple moving average of $37.13 and a two-hundred day simple moving average of $35.53. The stock has a market capitalization of $14.73 million, a price-to-earnings ratio of 18.35 and a beta of 0.89.

Institutional Investors Weigh In On Goldman Sachs Bloomberg Clean Energy Equity ETF

An institutional investor recently raised its position in Goldman Sachs Bloomberg Clean Energy Equity ETF stock. Virtu Financial LLC lifted its holdings in Goldman Sachs Bloomberg Clean Energy Equity ETF (BATS:GCLN) by 85.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 22,052 shares of the company’s stock after purchasing an additional 10,149 shares during the quarter. Virtu Financial LLC owned 5.51% of Goldman Sachs Bloomberg Clean Energy Equity ETF worth $726,000 as of its most recent filing with the SEC.

Goldman Sachs Bloomberg Clean Energy Equity ETF Company Profile

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.