Vident Core U.S. Equity Fund (NYSEARCA:VUSE) Hits New 1-Year High – What’s Next?

Vident Core U.S. Equity Fund (NYSEARCA:VUSE)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $62.66 and last traded at $62.64, with a volume of 13272 shares. The stock had previously closed at $62.09.

Vident Core U.S. Equity Fund Trading Up 0.9 %

The stock has a market capitalization of $663.88 million, a PE ratio of 17.39 and a beta of 0.94. The firm has a 50 day moving average price of $60.42 and a 200 day moving average price of $58.29.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Raymond James Financial Inc. purchased a new position in shares of Vident Core U.S. Equity Fund during the 4th quarter valued at $542,000. Stewardship Advisors LLC increased its stake in Vident Core U.S. Equity Fund by 6.4% in the 4th quarter. Stewardship Advisors LLC now owns 4,148 shares of the company’s stock worth $243,000 after buying an additional 251 shares in the last quarter. Willner & Heller LLC raised its holdings in Vident Core U.S. Equity Fund by 48.4% during the fourth quarter. Willner & Heller LLC now owns 9,230 shares of the company’s stock valued at $541,000 after acquiring an additional 3,011 shares during the period. Foundations Investment Advisors LLC purchased a new position in shares of Vident Core U.S. Equity Fund in the third quarter valued at about $320,000. Finally, Summit Investment Advisory Services LLC purchased a new position in shares of Vident Core U.S. Equity Fund in the third quarter valued at about $377,000.

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.