Vident Core U.S. Equity Fund (NYSEARCA:VUSE) Stock Price Down 0.1%

Vident Core U.S. Equity Fund (NYSEARCA:VUSE)’s share price traded down 0.1% during trading on Monday . The company traded as low as $54.00 and last traded at $54.01. 4,485 shares were traded during trading, a decline of 76% from the average session volume of 18,423 shares. The stock had previously closed at $54.06.

Vident Core U.S. Equity Fund Trading Down 0.1 %

The business has a fifty day moving average of $53.00 and a 200 day moving average of $52.49. The company has a market capitalization of $572.56 million, a PE ratio of 17.39 and a beta of 0.94.

Institutional Investors Weigh In On Vident Core U.S. Equity Fund

A number of hedge funds have recently bought and sold shares of VUSE. Raymond James Financial Services Advisors Inc. acquired a new stake in Vident Core U.S. Equity Fund in the 4th quarter valued at about $346,000. Summit Investment Advisory Services LLC acquired a new stake in shares of Vident Core U.S. Equity Fund during the 4th quarter worth about $335,000. Criterion Capital Advisors LLC acquired a new stake in shares of Vident Core U.S. Equity Fund during the 4th quarter worth about $84,000. Private Wealth Management Group LLC acquired a new stake in shares of Vident Core U.S. Equity Fund during the 4th quarter worth about $56,000. Finally, Vident Advisory LLC raised its position in shares of Vident Core U.S. Equity Fund by 20.8% during the 1st quarter. Vident Advisory LLC now owns 781,234 shares of the company’s stock worth $42,504,000 after acquiring an additional 134,439 shares in the last quarter.

About Vident Core U.S. Equity Fund

The Vident Core U.S. Equity Fund (VUSE) is an exchange-traded fund that is based on the Vident Core U.S. Stock index. The fund tracks an index of US companies selected and weighted based on a multi-factor model that considers corporate governance, quality, and momentum. VUSE was launched on Jan 22, 2014 and is managed by Vident.