Vident Core U.S. Equity Fund (NYSEARCA:VUSE) Stock Price Up 0.3% – Here’s Why

Shares of Vident Core U.S. Equity Fund (NYSEARCA:VUSE) rose 0.3% on Thursday . The company traded as high as $61.63 and last traded at $61.55. Approximately 9,446 shares were traded during trading, a decline of 71% from the average daily volume of 32,596 shares. The stock had previously closed at $61.37.

Vident Core U.S. Equity Fund Trading Up 0.3 %

The firm has a market cap of $652.43 million, a P/E ratio of 17.39 and a beta of 0.94. The business has a 50-day moving average of $60.24 and a two-hundred day moving average of $57.62.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Kings Path Partners LLC acquired a new position in Vident Core U.S. Equity Fund in the third quarter valued at approximately $153,000. Stewardship Advisors LLC raised its holdings in shares of Vident Core U.S. Equity Fund by 6.4% during the fourth quarter. Stewardship Advisors LLC now owns 4,148 shares of the company’s stock valued at $243,000 after purchasing an additional 251 shares during the period. Foundations Investment Advisors LLC acquired a new position in shares of Vident Core U.S. Equity Fund during the third quarter valued at about $320,000. Willner & Heller LLC raised its holdings in shares of Vident Core U.S. Equity Fund by 56.4% during the third quarter. Willner & Heller LLC now owns 6,219 shares of the company’s stock valued at $356,000 after purchasing an additional 2,242 shares during the period. Finally, Summit Investment Advisory Services LLC acquired a new position in shares of Vident Core U.S. Equity Fund during the third quarter valued at about $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.