Vident Core U.S. Equity Fund (NYSEARCA:VUSE) Sees Large Volume Increase – Here’s What Happened

Vident Core U.S. Equity Fund (NYSEARCA:VUSE) saw unusually-high trading volume on Tuesday . Approximately 18,741 shares were traded during mid-day trading, an increase of 16% from the previous session’s volume of 16,140 shares.The stock last traded at $56.91 and had previously closed at $58.38.

Vident Core U.S. Equity Fund Stock Performance

The company has a market capitalization of $548.63 million, a PE ratio of 26.47 and a beta of 1.10. The company has a 50 day moving average price of $60.28 and a 200 day moving average price of $59.12.

Institutional Trading of Vident Core U.S. Equity Fund

A number of institutional investors and hedge funds have recently made changes to their positions in VUSE. Stewardship Advisors LLC boosted its position in shares of Vident Core U.S. Equity Fund by 6.4% during the fourth quarter. Stewardship Advisors LLC now owns 4,148 shares of the company’s stock worth $243,000 after buying an additional 251 shares during the period. Willner & Heller LLC boosted its stake in 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 buying an additional 3,011 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Vident Core U.S. Equity Fund in the 4th quarter worth approximately $542,000. Jane Street Group LLC acquired a new position in Vident Core U.S. Equity Fund in the fourth quarter worth approximately $696,000. Finally, Citadel Advisors LLC grew its holdings in shares of Vident Core U.S. Equity Fund by 93.7% in the 4th quarter. Citadel Advisors LLC now owns 18,753 shares of the company’s stock worth $1,100,000 after acquiring an additional 9,072 shares during the last quarter.

Vident Core U.S. Equity Fund 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.