Vident Core U.S. Equity Fund (NYSEARCA:VUSE) Sees Unusually-High Trading Volume

Vident Core U.S. Equity Fund (NYSEARCA:VUSE) saw unusually-high trading volume on Monday . Approximately 16,607 shares changed hands during trading, a decline of 16% from the previous session’s volume of 19,797 shares.The stock last traded at $51.42 and had previously closed at $51.31.

Vident Core U.S. Equity Fund Stock Up 1.1 %

The business has a 50-day moving average of $53.17 and a 200-day moving average of $50.70. The stock has a market cap of $554.63 million, a price-to-earnings ratio of 17.35 and a beta of 0.95.

Institutional Trading of Vident Core U.S. Equity Fund

A number of institutional investors have recently added to or reduced their stakes in VUSE. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Vident Core U.S. Equity Fund in the 4th quarter valued at $346,000. Summit Investment Advisory Services LLC acquired a new stake in Vident Core U.S. Equity Fund in the 4th quarter worth approximately $335,000. Criterion Capital Advisors LLC bought a new stake in Vident Core U.S. Equity Fund during the fourth quarter worth approximately $84,000. Finally, Private Wealth Management Group LLC acquired a new position in Vident Core U.S. Equity Fund during the fourth quarter valued at approximately $56,000.

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.