Virtus Private Credit Strategy ETF (NYSEARCA:VPC – Get Free Report) dropped 1.8% during mid-day trading on Thursday . The stock traded as low as $21.25 and last traded at $21.30. Approximately 15,072 shares traded hands during trading, a decline of 46% from the average daily volume of 27,836 shares. The stock had previously closed at $21.70.
Virtus Private Credit Strategy ETF Trading Down 1.8 %
The company has a fifty day simple moving average of $22.21 and a two-hundred day simple moving average of $22.27. The stock has a market capitalization of $63.90 million, a P/E ratio of 11.31 and a beta of 1.02.
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.
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