Vident Core U.S. Equity Fund (NYSEARCA:VUSE) Stock Price Up 0.3% – Here’s Why

Vident Core U.S. Equity Fund (NYSEARCA:VUSE) rose 0.3% during mid-day trading on Thursday . The company traded as high as $61.63 and last traded at $61.55. Approximately 9,446 shares were traded during trading, a decline of 71% from the average daily volume of 32,596 shares. The stock had previously closed at $61.37.

Vident Core U.S. Equity Fund Price Performance

The business’s fifty day moving average price is $60.24 and its 200-day moving average price is $57.62. The stock has a market capitalization of $652.43 million, a price-to-earnings ratio of 17.39 and a beta of 0.94.

Institutional Trading of Vident Core U.S. Equity Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. Kings Path Partners LLC purchased a new position in shares of Vident Core U.S. Equity Fund in the 3rd quarter worth about $153,000. Stewardship Advisors LLC boosted its holdings in shares of Vident Core U.S. Equity Fund by 6.4% in the 4th quarter. Stewardship Advisors LLC now owns 4,148 shares of the company’s stock worth $243,000 after buying an additional 251 shares during the last quarter. Foundations Investment Advisors LLC purchased a new position in shares of Vident Core U.S. Equity Fund in the 3rd quarter worth about $320,000. Willner & Heller LLC boosted its holdings in shares of Vident Core U.S. Equity Fund by 56.4% in the 3rd quarter. Willner & Heller LLC now owns 6,219 shares of the company’s stock worth $356,000 after buying an additional 2,242 shares during the last quarter. Finally, Summit Investment Advisory Services LLC purchased a new position in shares of Vident Core U.S. Equity Fund in the 3rd quarter worth about $377,000.

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.