Virtus Private Credit Strategy ETF (NYSEARCA:VPC) Shares Down 0.5% – Time to Sell?

Virtus Private Credit Strategy ETF (NYSEARCA:VPC)’s share price fell 0.5% during mid-day trading on Friday . The stock traded as low as $15.46 and last traded at $15.52. 2,549 shares traded hands during trading, a decline of 91% from the average session volume of 28,224 shares. The stock had previously closed at $15.60.

Virtus Private Credit Strategy ETF Stock Performance

The company’s fifty day simple moving average is $15.55 and its 200-day simple moving average is $16.99. The company has a market capitalization of $32.59 million, a P/E 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 purchased a new stake in Virtus Private Credit Strategy ETF (NYSEARCA:VPC) during the third quarter, according to its most recent 13F filing with the SEC. The firm purchased 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 as of its most recent filing with the SEC.

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.