Vident Core U.S. Equity Fund (NYSEARCA:VUSE) Sets New 12-Month High at $54.45

Vident Core U.S. Equity Fund (NYSEARCA:VUSE)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $54.45 and last traded at $54.43, with a volume of 3513 shares. The stock had previously closed at $54.19.

Vident Core U.S. Equity Fund Trading Up 0.4 %

The stock’s fifty day moving average price is $52.87 and its two-hundred day moving average price is $49.92. The firm has a market capitalization of $609.39 million, a price-to-earnings ratio of 8.04 and a beta of 1.15.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. FMR LLC lifted its stake in shares of Vident Core U.S. Equity Fund by 42.8% in the third quarter. FMR LLC now owns 798 shares of the company’s stock valued at $37,000 after purchasing an additional 239 shares during the period. UBS Group AG lifted its stake in shares of Vident Core U.S. Equity Fund by 10,588.9% in the fourth quarter. UBS Group AG now owns 962 shares of the company’s stock valued at $40,000 after purchasing an additional 953 shares during the period. Private Wealth Management Group LLC acquired a new position in Vident Core U.S. Equity Fund during the fourth quarter worth about $56,000. Criterion Capital Advisors LLC acquired a new position in Vident Core U.S. Equity Fund during the fourth quarter worth about $84,000. Finally, Envestnet Asset Management Inc. acquired a new position in Vident Core U.S. Equity Fund during the second quarter worth about $211,000.

About Vident Core U.S. Equity Fund

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.