Vident Core U.S. Equity Fund (NYSEARCA:VUSE) Hits New 52-Week High – What’s Next?

Vident Core U.S. Equity Fund (NYSEARCA:VUSE)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $62.58 and last traded at $62.32, with a volume of 1031 shares traded. The stock had previously closed at $62.23.

Vident Core U.S. Equity Fund Stock Performance

The business’s 50 day moving average price is $60.39 and its 200-day moving average price is $58.06. The firm has a market cap of $658.57 million, a price-to-earnings ratio of 17.39 and a beta of 0.94.

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

Large investors have recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new stake in Vident Core U.S. Equity Fund during the fourth quarter worth $542,000. Stewardship Advisors LLC raised its holdings in Vident Core U.S. Equity Fund by 6.4% during 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 period. Willner & Heller LLC grew its holdings in shares of Vident Core U.S. Equity Fund by 48.4% during the fourth quarter. Willner & Heller LLC now owns 9,230 shares of the company’s stock worth $541,000 after buying an additional 3,011 shares in the last quarter. Foundations Investment Advisors LLC acquired a new stake in shares of Vident Core U.S. Equity Fund in the third quarter valued at about $320,000. Finally, Summit Investment Advisory Services LLC acquired a new position in Vident Core U.S. Equity Fund during the third quarter valued at approximately $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.