Shares of Vident U.S. Equity Strategy ETF (NYSEARCA:VUSE – Get Free Report) dropped 1.1% during trading on Monday . The stock traded as low as $63.86 and last traded at $63.97. Approximately 7,744 shares changed hands during trading, a decline of 48% from the average daily volume of 14,801 shares. The stock had previously closed at $64.71.
Vident U.S. Equity Strategy ETF Stock Performance
The stock has a market cap of $626.91 million, a PE ratio of 25.18 and a beta of 0.99. The company’s 50-day moving average price is $66.12 and its 200 day moving average price is $63.66.
Hedge Funds Weigh In On Vident U.S. Equity Strategy ETF
Several large investors have recently modified their holdings of the business. Vident Advisory LLC boosted its position in shares of Vident U.S. Equity Strategy ETF by 1.4% during the 1st quarter. Vident Advisory LLC now owns 868,208 shares of the company’s stock worth $49,186,000 after purchasing an additional 12,025 shares during the period. Envestnet Asset Management Inc. purchased a new stake in Vident U.S. Equity Strategy ETF in the first quarter valued at approximately $677,000. Strategic Blueprint LLC acquired a new position in Vident U.S. Equity Strategy ETF during the second quarter worth $615,000. Goldman Sachs Group Inc. boosted its position in shares of Vident U.S. Equity Strategy ETF by 8.1% during the first quarter. Goldman Sachs Group Inc. now owns 126,313 shares of the company’s stock worth $7,156,000 after buying an additional 9,500 shares during the period. Finally, Cetera Investment Advisers acquired a new stake in shares of Vident U.S. Equity Strategy ETF in the first quarter valued at $250,000.
Vident U.S. Equity Strategy ETF 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.
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