Vident Core U.S. Equity Fund (NYSEARCA:VUSE) Reaches New 12-Month High at $55.19

Vident Core U.S. Equity Fund (NYSEARCA:VUSE) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $55.19 and last traded at $55.19, with a volume of 311 shares traded. The stock had previously closed at $55.12.

Vident Core U.S. Equity Fund Trading Down 0.3 %

The stock has a market capitalization of $582.58 million, a P/E ratio of 17.39 and a beta of 0.94. The company has a 50-day moving average price of $53.60 and a 200 day moving average price of $52.82.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Mather Group LLC. purchased a new position in Vident Core U.S. Equity Fund during the 2nd quarter worth $179,000. Vident Advisory LLC grew its stake in Vident Core U.S. Equity Fund by 20.8% during the 1st quarter. Vident Advisory LLC now owns 781,234 shares of the company’s stock valued at $42,504,000 after purchasing an additional 134,439 shares during the last quarter. Private Wealth Management Group LLC purchased a new stake in Vident Core U.S. Equity Fund during the 4th quarter valued at about $56,000. Criterion Capital Advisors LLC purchased a new stake in Vident Core U.S. Equity Fund during the 4th quarter valued at about $84,000. Finally, Summit Investment Advisory Services LLC purchased a new stake in shares of Vident Core U.S. Equity Fund in the fourth quarter worth about $335,000.

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.