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NEW YORK ( TheStreet) -- Virtus Investment Partners (Nasdaq: VRTS) hit a new 52-week high Thursday as it is currently trading at $84.79, above its previous 52-week high of $83.50 with 18,848 shares traded as of 3:14 p.m. ET. Average volume has been 43,100 shares over the past 30 days. Virtus Investment has a market cap of $493.1 million and is part of the financial sector and financial services industry. Shares are up 9.1% year to date as of the close of trading on Wednesday. Virtus Investment Partners, Inc. provides investment management products and services to individuals and institutions in the United States. The company has a P/E ratio of five, below the average financial services industry P/E ratio of 122.9 and below the S&P 500 P/E ratio of 17.7.