Vident International Equity Strategy ETF (NYSEARCA:VIDI) Trading Down 6.1% – What’s Next?

Shares of Vident International Equity Strategy ETF (NYSEARCA:VIDI) traded down 6.1% during mid-day trading on Friday . The stock traded as low as $24.06 and last traded at $24.14. 16,032 shares traded hands during trading, a decline of 39% from the average session volume of 26,373 shares. The stock had previously closed at $25.71.

Vident International Equity Strategy ETF Stock Down 6.1 %

The company has a 50 day moving average of $26.08 and a 200-day moving average of $25.96. The stock has a market capitalization of $308.99 million, a P/E ratio of 10.13 and a beta of 0.94.

Hedge Funds Weigh In On Vident International Equity Strategy ETF

A hedge fund recently bought a new stake in Vident International Equity Strategy ETF stock. Jones Financial Companies Lllp bought a new position in Vident International Equity Strategy ETF (NYSEARCA:VIDI) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 8,288 shares of the company’s stock, valued at approximately $206,000. Jones Financial Companies Lllp owned 0.06% of Vident International Equity Strategy ETF at the end of the most recent reporting period.

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.