Vident U.S. Equity Strategy ETF (NYSEARCA:VUSE) Reaches New 12-Month High – Should You Buy?

Shares of Vident U.S. Equity Strategy ETF (NYSEARCA:VUSEGet Free Report) reached a new 52-week high on Tuesday . The company traded as high as $73.08 and last traded at $73.08, with a volume of 195 shares. The stock had previously closed at $70.98.

Vident U.S. Equity Strategy ETF Stock Performance

The stock’s fifty day moving average is $69.43 and its two-hundred day moving average is $66.94. The firm has a market cap of $677.73 million, a price-to-earnings ratio of 25.18 and a beta of 0.94.

Institutional Trading of Vident U.S. Equity Strategy ETF

A number of large investors have recently modified their holdings of VUSE. Goldman Sachs Group Inc. increased its holdings in shares of Vident U.S. Equity Strategy ETF by 8.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 126,313 shares of the company’s stock worth $7,156,000 after acquiring an additional 9,500 shares during the period. Nova Wealth Management Inc. increased its holdings in shares of Vident U.S. Equity Strategy ETF by 283.8% in the 4th quarter. Nova Wealth Management Inc. now owns 1,946 shares of the company’s stock worth $129,000 after acquiring an additional 1,439 shares during the period. Strategic Blueprint LLC increased its holdings in shares of Vident U.S. Equity Strategy ETF by 10.8% in the 4th quarter. Strategic Blueprint LLC now owns 12,626 shares of the company’s stock worth $834,000 after acquiring an additional 1,227 shares during the period. Finally, Jones Financial Companies Lllp acquired a new stake in shares of Vident U.S. Equity Strategy ETF in the 1st quarter worth about $46,000.

Vident U.S. Equity Strategy ETF Company Profile

(Get Free Report)

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.

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