Vident International Equity Strategy ETF (NYSEARCA:VIDI) Stock Price Down 1% – Should You Sell?

Vident International Equity Strategy ETF (NYSEARCA:VIDI)’s share price fell 1% during trading on Thursday . The company traded as low as $25.91 and last traded at $25.93. 26,235 shares were traded during mid-day trading, a decline of 13% from the average session volume of 30,179 shares. The stock had previously closed at $26.20.

Vident International Equity Strategy ETF Price Performance

The business has a 50-day moving average of $25.45 and a 200-day moving average of $25.80. The firm has a market cap of $330.04 million, a price-to-earnings ratio of 9.86 and a beta of 0.95.

Institutional Trading of Vident International Equity Strategy ETF

An institutional investor recently bought a new position in Vident International Equity Strategy ETF stock. Jones Financial Companies Lllp purchased a new stake in Vident International Equity Strategy ETF (NYSEARCA:VIDI) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 8,288 shares of the company’s stock, valued at approximately $206,000. Jones Financial Companies Lllp owned 0.06% of Vident International Equity Strategy ETF at the end of the most recent reporting period.

Vident International Equity Strategy ETF Company Profile

The Vident International Equity Fund (VIDI) is an exchange-traded fund that is based on the Vident Core International Equity index. The fund tracks an index of companies from both developed and emerging markets, ex-US. The fund selects and weights its constituents in a tiered structure based on various risk and fundamental measures.