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

Shares of Vident U.S. Equity Strategy ETF (NYSEARCA:VUSE) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $73.15 and last traded at $73.15, with a volume of 535 shares. The stock had previously closed at $71.84.

Vident U.S. Equity Strategy ETF Stock Down 0.1%

The company has a market cap of $696.07 million, a P/E ratio of 25.18 and a beta of 0.94. The company has a fifty day moving average of $71.62 and a 200 day moving average of $68.21.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of VUSE. Goldman Sachs Group Inc. grew its stake in shares of Vident U.S. Equity Strategy ETF by 8.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 126,313 shares of the company’s stock valued at $7,156,000 after purchasing an additional 9,500 shares during the period. Strategic Blueprint LLC lifted its stake 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 purchasing an additional 1,227 shares during the period. Finally, Jones Financial Companies Lllp purchased a new position in shares of Vident U.S. Equity Strategy ETF in the first quarter worth approximately $46,000.

About Vident U.S. Equity Strategy ETF

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.