Vident Core U.S. Equity Fund (NYSEARCA:VUSE) Reaches New 12-Month Low – Here’s What Happened

by · The Cerbat Gem

Vident Core U.S. Equity Fund (NYSEARCA:VUSE – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $49.69 and last traded at $53.19, with a volume of 10369 shares changing hands. The stock had previously closed at $51.64.

Vident Core U.S. Equity Fund Stock Down 2.8 %

The stock has a market cap of $518.01 million, a P/E ratio of 24.25 and a beta of 1.10. The firm’s 50-day moving average is $58.40 and its two-hundred day moving average is $59.15.

Institutional Inflows and Outflows

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

About Vident Core U.S. Equity Fund

(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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