Large Inflow of Money Witnessed in Virtus Investment Partners

Virtus Investment Partners (NASDAQ:VRTS) : Virtus Investment Partners (NASDAQ:VRTS) had a healthy money flow of $0.19 million into the stock during the Wednesdays trading session. The value of bullish trades on upticks was $0.4 million, whereas, investors only sold shares worth $0.21 million on downticks. The stock closed the day with an up-down ratio of 1.92.The money flow in the block trades to the tune of $0.01 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $0.01 million worth of transactions were on upticks. Virtus Investment Partners (NASDAQ:VRTS) stock slid $0.08 intraday and traded at 70.17, a change of -0.11% over previous days close. However, for the week, the company shares are -10.2% compared to previous weeks close.


In an insider trading activity, The officer (SVP, Fund Services), of Virtus Investment Partners, Inc., Bradley William Patrick Iii had unloaded 210 shares at $140 per share in a transaction on December 1, 2015. The total value of transaction was $29,400. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 4.3% of Virtus Investment Partners shares according to the proxy statements. Institutional Investors own 72.07% of Virtus Investment Partners shares.

The company shares have dropped -46.88% from its 1 Year high price. On Dec 2, 2015, the shares registered one year high at $141.97 and the one year low was seen on Apr 7, 2016. The 50-Day Moving Average price is $78.85 and the 200 Day Moving Average price is recorded at $86.45. Virtus Investment Partners (NASDAQ:VRTS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $70.81 and $69.81 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $71.49. The buying momentum continued till the end and the stock did not give up its gains. It closed at $70.94, notching a gain of 0.98% for the day. The total traded volume was 106,183 . The stock had closed at $70.25 on the previous day.

Virtus Investment Partners, Inc. (Virtus) is a provider of investment management and related services to individuals and institutions. The Companys retail products include open-end mutual funds, closed-end funds, variable insurance funds and separately managed accounts. Its open-end mutual funds are distributed through intermediaries. Its closed-end funds trade on the New York Stock Exchange. Its variable insurance funds are available as investment options in variable annuities and life insurance products distributed by life insurance companies. Separately managed accounts consists of intermediary programs, sponsored and distributed by unaffiliated brokerage firms, and private client accounts, which are offered to the high net-worth clients of its affiliated managers. The Company also manages institutional accounts for corporations, multi-employer retirement funds, public employee retirement systems, foundations, endowments and as a sub-adviser to unaffiliated mutual funds.

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