Vident Core U.S. Equity Fund (NYSEARCA:VUSE) Sees Unusually-High Trading Volume

Shares of Vident Core U.S. Equity Fund (NYSEARCA:VUSE) saw strong trading volume on Monday . 92,912 shares were traded during mid-day trading, an increase of 415% from the previous session’s volume of 18,049 shares.The stock last traded at $54.14 and had previously closed at $54.13.

Vident Core U.S. Equity Fund Trading Up 0.0 %

The stock has a market capitalization of $573.88 million, a P/E ratio of 17.39 and a beta of 0.94. The company has a 50-day moving average price of $53.20 and a 200 day moving average price of $52.61.

Institutional Trading of Vident Core U.S. Equity Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Private Wealth Management Group LLC acquired a new position in Vident Core U.S. Equity Fund during the 4th quarter valued at approximately $56,000. Criterion Capital Advisors LLC purchased a new stake in shares of Vident Core U.S. Equity Fund during the fourth quarter valued at $84,000. Summit Investment Advisory Services LLC acquired a new position in shares of Vident Core U.S. Equity Fund in the 4th quarter valued at $335,000. Raymond James Financial Services Advisors Inc. purchased a new position in Vident Core U.S. Equity Fund in the 4th quarter worth $346,000. Finally, Vident Advisory LLC lifted its position in 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 during the period.

Vident Core U.S. Equity Fund Company Profile

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.