Virtus Private Credit Strategy ETF (NYSEARCA:VPC) Trading Down 0.1% – Here’s Why

Shares of Virtus Private Credit Strategy ETF (NYSEARCA:VPCGet Free Report) dropped 0.1% on Thursday . The company traded as low as $20.28 and last traded at $20.38. Approximately 7,649 shares were traded during mid-day trading, a decline of 73% from the average daily volume of 28,625 shares. The stock had previously closed at $20.41.

Virtus Private Credit Strategy ETF Stock Performance

The stock has a 50 day moving average of $20.24 and a two-hundred day moving average of $21.57. The firm has a market capitalization of $55.03 million, a P/E ratio of 9.15 and a beta of 0.77.

Virtus Private Credit Strategy ETF Company Profile

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The Virtus Private Credit ETF (VPC) is an exchange-traded fund that is based on the Indxx Private Credit index. The fund tracks an index of closed-end funds focused on the private credit market, including business development companies. The index is weighted by dividend yield. VPC was launched on Feb 7, 2019 and is managed by Virtus.

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