Virtus Private Credit Strategy ETF (NYSEARCA:VPC) Shares Down 3.3% – Here’s What Happened

Virtus Private Credit Strategy ETF (NYSEARCA:VPCGet Free Report)’s share price fell 3.3% during trading on Thursday . The stock traded as low as $18.88 and last traded at $19.03. 25,406 shares traded hands during mid-day trading, a decline of 16% from the average session volume of 30,343 shares. The stock had previously closed at $19.67.

Virtus Private Credit Strategy ETF Price Performance

The firm has a fifty day simple moving average of $21.51 and a two-hundred day simple moving average of $21.99. The firm has a market capitalization of $56.20 million, a P/E ratio of 10.99 and a beta of 1.02.

About Virtus Private Credit Strategy ETF

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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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