Vident International Equity Strategy ETF (NYSEARCA:VIDI) Shares Down 6.1% – Should You Sell?

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

Vident International Equity Strategy ETF Stock Down 6.1 %

The company’s 50-day moving average is $26.08 and its two-hundred day moving average is $25.96. The company has a market capitalization of $308.99 million, a P/E ratio of 10.13 and a beta of 0.94.

Institutional Trading of 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) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 8,288 shares of the company’s stock, valued at approximately $206,000. Jones Financial Companies Lllp owned approximately 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.