Virtus Private Credit Strategy ETF (NYSEARCA:VPC) Stock Price Up 0.6% – Here’s Why

Virtus Private Credit Strategy ETF (NYSEARCA:VPC)’s stock price was up 0.6% during mid-day trading on Friday . The company traded as high as $17.77 and last traded at $17.74. Approximately 22,410 shares changed hands during trading, a decline of 13% from the average daily volume of 25,904 shares. The stock had previously closed at $17.63.

Virtus Private Credit Strategy ETF Trading Up 0.6%

The firm has a market cap of $48.79 million, a PE ratio of 8.80 and a beta of 0.70. The firm has a fifty day simple moving average of $18.52 and a two-hundred day simple moving average of $19.62.

Institutional Trading of Virtus Private Credit Strategy ETF

An institutional investor recently bought a new position in Virtus Private Credit Strategy ETF stock. Triumph Capital Management acquired a new stake in shares of Virtus Private Credit Strategy ETF (NYSEARCA:VPC) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 2,575 shares of the company’s stock, valued at approximately $49,000. Triumph Capital Management owned 0.09% of Virtus Private Credit Strategy ETF at the end of the most recent quarter.

Virtus Private Credit Strategy ETF Company Profile

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.