Vident U.S. Equity Strategy ETF (NYSEARCA:VUSE) Reaches New 52-Week High – Time to Buy?

Vident U.S. Equity Strategy ETF (NYSEARCA:VUSEGet Free Report)’s share price reached a new 52-week high on Thursday . The stock traded as high as $70.22 and last traded at $70.22, with a volume of 4976 shares trading hands. The stock had previously closed at $69.33.

Vident U.S. Equity Strategy ETF Stock Performance

The company has a 50 day simple moving average of $65.49 and a two-hundred day simple moving average of $65.80. The firm has a market cap of $667.09 million, a PE ratio of 25.18 and a beta of 0.93.

Institutional Trading of Vident U.S. Equity Strategy ETF

Hedge funds have recently modified their holdings of the stock. Jones Financial Companies Lllp purchased a new stake in shares of Vident U.S. Equity Strategy ETF in the first quarter worth about $46,000. Nova Wealth Management Inc. boosted its stake in shares of Vident U.S. Equity Strategy ETF by 283.8% in the fourth quarter. Nova Wealth Management Inc. now owns 1,946 shares of the company’s stock worth $129,000 after buying an additional 1,439 shares during the last quarter. Strategic Blueprint LLC boosted its stake in shares of Vident U.S. Equity Strategy ETF by 16.8% in the third quarter. Strategic Blueprint LLC now owns 11,399 shares of the company’s stock worth $757,000 after buying an additional 1,640 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Vident U.S. Equity Strategy ETF by 8.1% in the first quarter. Goldman Sachs Group Inc. now owns 126,313 shares of the company’s stock worth $7,156,000 after buying an additional 9,500 shares during the last quarter.

About Vident U.S. Equity Strategy ETF

(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.

Recommended Stories

Receive News & Ratings for Vident U.S. Equity Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vident U.S. Equity Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.