Vident Core U.S. Equity Fund (NYSEARCA:VUSE) Sees Unusually-High Trading Volume – What’s Next?

Shares of Vident Core U.S. Equity Fund (NYSEARCA:VUSE) saw unusually-high trading volume on Monday . Approximately 26,937 shares changed hands during mid-day trading, an increase of 35% from the previous session’s volume of 20,021 shares.The stock last traded at $60.23 and had previously closed at $60.55.

Vident Core U.S. Equity Fund Stock Performance

The business’s 50 day moving average price is $60.48 and its 200-day moving average price is $58.75. The company has a market cap of $586.46 million, a price-to-earnings ratio of 26.47 and a beta of 1.10.

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

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

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.