Virtus Private Credit Strategy ETF (NYSEARCA:VPC) Shares Up 0.2% – Here’s Why

Shares of Virtus Private Credit Strategy ETF (NYSEARCA:VPC – Get Free Report) were up 0.2% during trading on Thursday. The company traded as high as $14.86 and last traded at $14.85. Approximately 6,954 shares were traded during trading, a decline of 64% from the average session volume of 19,273 shares. The stock had previously closed at $14.82.

Virtus Private Credit Strategy ETF Stock Performance

The business’s 50 day moving average price is $15.40 and its two-hundred day moving average price is $15.38. The company has a market capitalization of $28.21 million, a price-to-earnings ratio of 8.80 and a beta of 0.61.

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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