Vident Core U.S. Equity Fund (NYSEARCA:VUSE) Sees Strong Trading Volume – What’s Next?

Vident Core U.S. Equity Fund (NYSEARCA:VUSE) shares saw an uptick in trading volume on Tuesday . 18,741 shares traded hands during trading, an increase of 16% from the previous session’s volume of 16,140 shares.The stock last traded at $56.91 and had previously closed at $58.38.

Vident Core U.S. Equity Fund Stock Down 0.5 %

The stock has a market capitalization of $548.49 million, a PE ratio of 26.47 and a beta of 1.10. The firm’s fifty day moving average is $60.37 and its 200-day moving average is $59.13.

Hedge Funds Weigh In On Vident Core U.S. Equity Fund

A number of large investors have recently modified their holdings of VUSE. Citadel Advisors LLC grew its holdings in shares of Vident Core U.S. Equity Fund by 93.7% in the 4th quarter. Citadel Advisors LLC now owns 18,753 shares of the company’s stock worth $1,100,000 after acquiring an additional 9,072 shares during the period. Jane Street Group LLC purchased a new position in shares of Vident Core U.S. Equity Fund during the 4th quarter worth $696,000. Raymond James Financial Inc. acquired a new stake in shares of Vident Core U.S. Equity Fund during the fourth quarter worth $542,000. Stewardship Advisors LLC grew its position in shares of Vident Core U.S. Equity Fund by 6.4% in the fourth quarter. Stewardship Advisors LLC now owns 4,148 shares of the company’s stock valued at $243,000 after purchasing an additional 251 shares during the period. Finally, Willner & Heller LLC boosted its stake in Vident Core U.S. Equity Fund by 48.4% in the 4th quarter. Willner & Heller LLC now owns 9,230 shares of the company’s stock worth $541,000 after buying an additional 3,011 shares during the last quarter.

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.