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

by · The Cerbat Gem

Vident Core U.S. Equity Fund (NYSEARCA:VUSE – Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 201,938 shares changed hands during mid-day trading, an increase of 1,108% from the previous session’s volume of 16,717 shares.The stock last traded at $58.60 and had previously closed at $58.64.

Vident Core U.S. Equity Fund Stock Up 1.2 %

The firm has a 50-day moving average of $60.17 and a two-hundred day moving average of $57.11. The company has a market capitalization of $629.00 million, a PE ratio of 17.39 and a beta of 0.94.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of VUSE. Ballentine Partners LLC acquired a new position in Vident Core U.S. Equity Fund during the 2nd quarter worth about $2,050,000. Summit Investment Advisory Services LLC purchased a new stake in shares of Vident Core U.S. Equity Fund during the third quarter worth $377,000. Foundations Investment Advisors LLC acquired a new stake in shares of Vident Core U.S. Equity Fund in the third quarter valued at $320,000. Mercer Global Advisors Inc. ADV boosted its stake in shares of Vident Core U.S. Equity Fund by 100.0% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 10,648 shares of the company’s stock valued at $574,000 after buying an additional 5,324 shares during the period. Finally, Kings Path Partners LLC purchased a new position in Vident Core U.S. Equity Fund in the third quarter worth approximately $153,000.

About Vident Core U.S. Equity Fund

(Get Free Report)

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.

Further Reading