Vident International Equity Strategy ETF (NYSEARCA:VIDI) Trading 0.5% Higher – Time to Buy?

Vident International Equity Strategy ETF (NYSEARCA:VIDI)’s share price rose 0.5% during trading on Monday . The stock traded as high as $24.98 and last traded at $24.97. Approximately 23,088 shares were traded during trading, a decline of 23% from the average daily volume of 30,000 shares. The stock had previously closed at $24.84.

Vident International Equity Strategy ETF Stock Up 0.6 %

The firm has a market cap of $374.29 million, a price-to-earnings ratio of 6.71 and a beta of 0.82. The firm has a 50 day moving average of $26.00 and a 200 day moving average of $25.69.

Institutional Trading of Vident International Equity Strategy ETF

A hedge fund recently raised its stake in Vident International Equity Strategy ETF stock. Flow Traders U.S. LLC raised its position in Vident International Equity Strategy ETF (NYSEARCA:VIDI) by 565.8% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 171,263 shares of the company’s stock after acquiring an additional 145,541 shares during the period. Flow Traders U.S. LLC owned approximately 1.15% of Vident International Equity Strategy ETF worth $4,620,000 as of its most recent filing with the SEC.

Vident International Equity Strategy ETF Company Profile

The Vident International Equity Fund (VIDI) is an exchange-traded fund that is based on the Vident Core International Equity index. The fund tracks an index of companies from both developed and emerging markets, ex-US. The fund selects and weights its constituents in a tiered structure based on various risk and fundamental measures.