Virtus Private Credit Strategy ETF (NYSEARCA:VPC) Shares Down 1.8% – What’s Next?

Shares of Virtus Private Credit Strategy ETF (NYSEARCA:VPCGet 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 Price Performance

The stock has a market capitalization of $63.90 million, a PE ratio of 11.31 and a beta of 1.02. The firm’s 50 day simple moving average is $22.21 and its 200 day simple moving average is $22.27.

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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