Vident Core U.S. Equity Fund (NYSEARCA:VUSE) Hits New 1-Year High – What’s Next?

Vident Core U.S. Equity Fund (NYSEARCA:VUSE)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $61.73 and last traded at $61.73, with a volume of 991 shares trading hands. The stock had previously closed at $61.08.

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

The company’s 50-day moving average is $58.55 and its 200 day moving average is $55.76. The firm has a market cap of $653.22 million, a PE ratio of 17.39 and a beta of 0.94.

Institutional Trading of Vident Core U.S. Equity Fund

Hedge funds have recently modified their holdings of the business. Ballentine Partners LLC acquired a new position in Vident Core U.S. Equity Fund during the second quarter valued at $2,050,000. Summit Investment Advisory Services LLC purchased a new position in Vident Core U.S. Equity Fund during the 3rd quarter valued at about $377,000. Foundations Investment Advisors LLC acquired a new position in shares of Vident Core U.S. Equity Fund in the 3rd quarter valued at about $320,000. Mercer Global Advisors Inc. ADV lifted its position in shares of Vident Core U.S. Equity Fund by 100.0% in the second quarter. Mercer Global Advisors Inc. ADV now owns 10,648 shares of the company’s stock worth $574,000 after purchasing an additional 5,324 shares in the last quarter. Finally, Willner & Heller LLC acquired a new position in Vident Core U.S. Equity Fund in the 2nd quarter valued at approximately $215,000.

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.