Vident International Equity Strategy ETF (NYSEARCA:VIDI) Shares Down 1.8% – What’s Next?

Vident International Equity Strategy ETF (NYSEARCA:VIDI) shares were down 1.8% during mid-day trading on Tuesday . The stock traded as low as $25.61 and last traded at $25.71. Approximately 9,715 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 31,239 shares. The stock had previously closed at $26.18.

Vident International Equity Strategy ETF Stock Performance

The business’s 50 day moving average price is $26.22 and its 200-day moving average price is $25.68. The firm has a market capitalization of $382.63 million, a PE ratio of 6.71 and a beta of 0.82.

Hedge Funds Weigh In On Vident International Equity Strategy ETF

An institutional investor recently raised its position in Vident International Equity Strategy ETF stock. Flow Traders U.S. LLC lifted its position in shares of Vident International Equity Strategy ETF (NYSEARCA:VIDI) by 565.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 171,263 shares of the company’s stock after purchasing an additional 145,541 shares during the period. Flow Traders U.S. LLC owned about 1.15% of Vident International Equity Strategy ETF worth $4,620,000 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.