Vident Core U.S. Equity Fund (NYSEARCA:VUSE) Reaches New 52-Week High – Still a Buy?

Vident Core U.S. Equity Fund (NYSEARCA:VUSEGet Free Report)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $58.75 and last traded at $58.75, with a volume of 887 shares traded. The stock had previously closed at $58.54.

Vident Core U.S. Equity Fund Stock Performance

The stock has a market cap of $623.39 million, a PE ratio of 17.39 and a beta of 0.94. The business has a 50-day moving average of $55.50 and a 200 day moving average of $54.27.

Institutional Trading of Vident Core U.S. Equity Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vident Advisory LLC lifted its position in Vident Core U.S. Equity Fund by 20.8% during the first quarter. Vident Advisory LLC now owns 781,234 shares of the company’s stock worth $42,504,000 after buying an additional 134,439 shares during the period. Ballentine Partners LLC acquired a new stake in shares of Vident Core U.S. Equity Fund in the second quarter worth approximately $2,050,000. Mercer Global Advisors Inc. ADV increased its position in Vident Core U.S. Equity Fund by 100.0% during the second quarter. Mercer Global Advisors Inc. ADV now owns 10,648 shares of the company’s stock worth $574,000 after purchasing an additional 5,324 shares during the last quarter. Willner & Heller LLC acquired a new position in Vident Core U.S. Equity Fund during the second quarter worth approximately $215,000. Finally, Oak Harvest Investment Services purchased a new position in Vident Core U.S. Equity Fund during the second quarter worth approximately $201,000.

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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