Trade Virtus Investment Partners Inc - VRTS CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.56
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.02226 %(-$4.45)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.02226%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position0.00004 %($0.01)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: 0.00004%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 0.1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.02226 %
  (-$4.45)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: 0.00004 %
  ($0.01)

Key Stats

• Prev. Close: 121.97
• Open: 116.98
• 1-Year Change: -33.65%
• Day's Range: 116.98 - 119.9

Trade Virtus Investment Partners Inc - VRTS

About Virtus Investment Partners Inc

Virtus Investment Partners, Inc. provides investment management and related services to individuals and institutions. The Company offers investments for individual and institutional investors in different product structures and through multiple distribution channels. It provides various asset classes (equity, fixed income and alternative), geographies (domestic, international, and emerging), market capitalizations (large, mid, and small), styles (growth, core, and value) and investment approaches (fundamental, quantitative, and thematic). Its retail products include open-end funds and exchange traded funds (ETFs) as well as closed-end funds and retail separate accounts. Its institutional products are offered through separate accounts and pooled to a variety of institutional clients. It also provides sub advisory services to other investment advisers and serve as the collateral manager for structured products. It distributes its open-end funds and ETFs through financial intermediaries.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Virtus Investment Partners Inc revenues increased 62% to $979.2M. Net income increased from $80M to $208.1M. Revenues reflect Open-end funds segment increase of 59% to $393.7M, Retail separate accounts segment increase of 67% to $174.9M. Net income benefited from Interest expense of CIP decrease of 29% to $60.4M (expense), Other Operating Expens decrease of 66% to $3.6M (expense).

Equity composition

Common Stock $0.01 Par, 12/10, 1B auth., 6,271,821 issd. less 20,000 Treas. @ 924K. Insiders own approx. 34%.