Vident Core U.S. Equity Fund (NYSEARCA:VUSE) Reaches New 1-Year High – Here’s What Happened

Vident Core U.S. Equity Fund (NYSEARCA:VUSE) hit a new 52-week high during trading on Wednesday . The company traded as high as $60.05 and last traded at $60.05, with a volume of 448 shares. The stock had previously closed at $58.49.

Vident Core U.S. Equity Fund Stock Up 3.2 %

The business’s 50-day moving average price is $56.97 and its 200-day moving average price is $54.93. The firm has a market capitalization of $639.60 million, a PE ratio of 17.39 and a beta of 0.94.

Institutional Trading of Vident Core U.S. Equity Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC grew its holdings in shares of Vident Core U.S. Equity Fund by 15.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 5,765 shares of the company’s stock worth $312,000 after purchasing an additional 755 shares in the last quarter. Willner & Heller LLC lifted its position in Vident Core U.S. Equity Fund by 56.4% in the third quarter. Willner & Heller LLC now owns 6,219 shares of the company’s stock worth $356,000 after purchasing an additional 2,242 shares during the period. Kings Path Partners LLC acquired a new stake in Vident Core U.S. Equity Fund during the third quarter worth $153,000. Mather Group LLC. bought a new stake in Vident Core U.S. Equity Fund in the 2nd quarter valued at $179,000. Finally, Oak Harvest Investment Services acquired a new position in shares of Vident Core U.S. Equity Fund in the 2nd quarter valued at $201,000.

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.