Vident U.S. Equity Strategy ETF (NYSEARCA:VUSE) Sets New 52-Week High – Time to Buy?
by Doug Wharley · The Cerbat GemVident U.S. Equity Strategy ETF (NYSEARCA:VUSE – Get Free Report) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $67.77 and last traded at $67.77, with a volume of 834 shares. The stock had previously closed at $67.02.
Vident U.S. Equity Strategy ETF Stock Up 1.6%
The company has a market cap of $647.67 million, a PE ratio of 25.18 and a beta of 0.93. The business’s fifty day moving average is $64.80 and its 200-day moving average is $65.63.
Hedge Funds Weigh In On Vident U.S. Equity Strategy ETF
A number of institutional investors and hedge funds have recently made changes to their positions in VUSE. Jones Financial Companies Lllp purchased a new position in shares of Vident U.S. Equity Strategy ETF in the first quarter worth approximately $46,000. Goldman Sachs Group Inc. boosted its holdings in shares of Vident U.S. Equity Strategy ETF by 8.1% in 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 last quarter. Strategic Blueprint LLC boosted its holdings in shares of Vident U.S. Equity Strategy ETF by 16.8% in the third quarter. Strategic Blueprint LLC now owns 11,399 shares of the company’s stock worth $757,000 after buying an additional 1,640 shares during the last quarter. Finally, Nova Wealth Management Inc. boosted its holdings in shares of Vident U.S. Equity Strategy ETF by 283.8% in the fourth quarter. Nova Wealth Management Inc. now owns 1,946 shares of the company’s stock worth $129,000 after buying an additional 1,439 shares during the last quarter.
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.