Vident Core U.S. Equity Fund (NYSEARCA:VUSE) Sets New 52-Week High – Here’s What Happened

Vident Core U.S. Equity Fund (NYSEARCA:VUSE) hit a new 52-week high during trading on Thursday . The stock traded as high as $62.66 and last traded at $62.64, with a volume of 13272 shares. The stock had previously closed at $62.09.

Vident Core U.S. Equity Fund Trading Down 0.5 %

The company has a market capitalization of $660.59 million, a P/E ratio of 17.39 and a beta of 0.94. The stock’s fifty day moving average is $60.43 and its 200 day moving average is $58.32.

Hedge Funds Weigh In On Vident Core U.S. Equity Fund

Several hedge funds and other institutional investors have recently modified their holdings of VUSE. Stewardship Advisors LLC raised its holdings in 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 purchasing an additional 251 shares in the last quarter. Foundations Investment Advisors LLC bought a new stake in Vident Core U.S. Equity Fund during the 3rd quarter valued at approximately $320,000. Willner & Heller LLC grew its holdings in shares of Vident Core U.S. Equity Fund by 48.4% during the 4th quarter. Willner & Heller LLC now owns 9,230 shares of the company’s stock worth $541,000 after acquiring an additional 3,011 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Vident Core U.S. Equity Fund during the 4th quarter worth approximately $542,000. Finally, Jane Street Group LLC bought a new stake in shares of Vident Core U.S. Equity Fund during the fourth quarter valued at approximately $696,000.

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.