Vident U.S. Equity Strategy ETF (NYSEARCA:VUSE) Shares Up 0.3% – Here’s What Happened

Vident U.S. Equity Strategy ETF (NYSEARCA:VUSE)’s share price was up 0.3% during mid-day trading on Thursday . The stock traded as high as $66.23 and last traded at $66.18. Approximately 11,282 shares traded hands during trading, a decline of 64% from the average daily volume of 31,118 shares. The stock had previously closed at $65.95.

Vident U.S. Equity Strategy ETF Stock Up 0.3%

The company has a market capitalization of $632.02 million, a price-to-earnings ratio of 25.18 and a beta of 0.99. The business’s 50-day moving average is $66.19 and its 200-day moving average is $65.81.

Institutional Trading of Vident U.S. Equity Strategy ETF

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

Vident U.S. Equity Strategy ETF 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.