Virtus Private Credit Strategy ETF (NYSEARCA:VPC) Shares Down 0.2% – What’s Next?

Shares of Virtus Private Credit Strategy ETF (NYSEARCA:VPC) were down 0.2% during trading on Friday . The company traded as low as $15.47 and last traded at $15.49. Approximately 1,452 shares changed hands during trading, a decline of 94% from the average daily volume of 25,854 shares. The stock had previously closed at $15.52.

Virtus Private Credit Strategy ETF Stock Down 0.2%

The company has a market capitalization of $32.53 million, a PE ratio of 8.80 and a beta of 0.59. The business’s 50 day simple moving average is $15.73 and its 200 day simple moving average is $16.69.

Institutional Trading of Virtus Private Credit Strategy ETF

A hedge fund recently bought a new stake in Virtus Private Credit Strategy ETF stock. Triumph Capital Management acquired a new stake in shares of Virtus Private Credit Strategy ETF (NYSEARCA:VPC) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,575 shares of the company’s stock, valued at approximately $49,000. Triumph Capital Management owned approximately 0.09% of Virtus Private Credit Strategy ETF at the end of the most recent quarter.

About Virtus Private Credit Strategy ETF

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.