Virtus Private Credit Strategy ETF (NYSEARCA:VPC) Shares Down 0.1% – Time to Sell?

Virtus Private Credit Strategy ETF (NYSEARCA:VPC) shares dropped 0.1% during mid-day trading on Friday . The stock traded as low as $18.92 and last traded at $18.97. Approximately 38,225 shares changed hands during mid-day trading, an increase of 45% from the average daily volume of 26,373 shares. The stock had previously closed at $18.98.

Virtus Private Credit Strategy ETF Trading Down 0.1%

The stock has a market cap of $52.17 million, a PE ratio of 8.80 and a beta of 0.70. The business has a 50-day moving average price of $18.61 and a 200-day moving average price of $19.85.

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 position in shares of Virtus Private Credit Strategy ETF (NYSEARCA:VPC) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,575 shares of the company’s stock, valued at approximately $49,000. Triumph Capital Management owned about 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.