Virtus Private Credit Strategy ETF (NYSEARCA:VPC) Shares Down 0.4% – What’s Next?

Virtus Private Credit Strategy ETF (NYSEARCA:VPC)’s stock price fell 0.4% during mid-day trading on Wednesday . The company traded as low as $15.49 and last traded at $15.54. 2,335 shares changed hands during trading, a decline of 88% from the average daily volume of 20,277 shares. The stock had previously closed at $15.61.

Virtus Private Credit Strategy ETF Stock Up 0.2%

The company has a fifty day moving average price of $15.32 and a 200 day moving average price of $15.44. The stock has a market cap of $31.69 million, a PE ratio of 8.80 and a beta of 0.61.

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) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.