Vident Core U.S. Equity Fund (NYSEARCA:VUSE) Sees Large Volume Increase

Vident Core U.S. Equity Fund (NYSEARCA:VUSE) shares saw strong trading volume on Monday . 92,912 shares were traded during trading, an increase of 415% from the previous session’s volume of 18,049 shares.The stock last traded at $54.14 and had previously closed at $54.13.

Vident Core U.S. Equity Fund Price Performance

The company has a market cap of $579.29 million, a PE ratio of 17.39 and a beta of 0.94. The firm has a 50-day simple moving average of $53.30 and a two-hundred day simple moving average of $52.66.

Institutional Trading of Vident Core U.S. Equity Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vident Advisory LLC grew its holdings in shares of Vident Core U.S. Equity Fund by 20.8% during the 1st quarter. Vident Advisory LLC now owns 781,234 shares of the company’s stock worth $42,504,000 after purchasing an additional 134,439 shares during the period. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Vident Core U.S. Equity Fund in the fourth quarter worth $346,000. Summit Investment Advisory Services LLC purchased a new position in shares of Vident Core U.S. Equity Fund in the 4th quarter valued at $335,000. Criterion Capital Advisors LLC acquired a new position in shares of Vident Core U.S. Equity Fund during the 4th quarter valued at $84,000. Finally, Private Wealth Management Group LLC purchased a new stake in Vident Core U.S. Equity Fund during the 4th quarter worth $56,000.

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.