Vident Core U.S. Equity Fund (NYSEARCA:VUSE) Sees Strong Trading Volume

Vident Core U.S. Equity Fund (NYSEARCA:VUSE) saw unusually-high trading volume on Thursday . Approximately 73,262 shares were traded during trading, an increase of 279% from the previous session’s volume of 19,327 shares.The stock last traded at $53.98 and had previously closed at $55.27.

Vident Core U.S. Equity Fund Stock Down 1.8 %

The company has a market cap of $562.69 million, a price-to-earnings ratio of 17.39 and a beta of 0.94. The company has a fifty day simple moving average of $54.16 and a two-hundred day simple moving average of $53.31.

Institutional Trading of Vident Core U.S. Equity Fund

Several large investors have recently modified their holdings of the business. Vident Advisory LLC grew its holdings in shares of Vident Core U.S. Equity Fund by 20.8% during the first quarter. Vident Advisory LLC now owns 781,234 shares of the company’s stock worth $42,504,000 after buying an additional 134,439 shares in the last quarter. Raymond James Financial Services Advisors Inc. purchased a new stake in Vident Core U.S. Equity Fund in the 4th quarter worth approximately $346,000. Willner & Heller LLC purchased a new stake in Vident Core U.S. Equity Fund in the 2nd quarter worth approximately $215,000. Oak Harvest Investment Services acquired a new position in Vident Core U.S. Equity Fund in the 2nd quarter valued at $201,000. Finally, Mather Group LLC. purchased a new position in shares of Vident Core U.S. Equity Fund during the 2nd quarter worth $179,000.

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.