Vident Core U.S. Equity Fund (NYSEARCA:VUSE) Hits New 52-Week High – Here’s What Happened

Posted by Xavier Holt on Dec 11th, 2024

Vident Core U.S. Equity Fund (NYSEARCA:VUSE – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $62.47 and last traded at $62.18, with a volume of 290 shares. The stock had previously closed at $62.14.

Vident Core U.S. Equity Fund Stock Performance

The company’s fifty day moving average price is $59.51 and its 200 day moving average price is $56.32. The firm has a market capitalization of $647.95 million, a price-to-earnings ratio of 17.39 and a beta of 0.94.

Hedge Funds Weigh In On Vident Core U.S. Equity Fund

Several institutional investors have recently made changes to their positions in VUSE. Ballentine Partners LLC bought a new stake in shares of Vident Core U.S. Equity Fund during the second quarter valued at about $2,050,000. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Vident Core U.S. Equity Fund by 100.0% in the second quarter. Mercer Global Advisors Inc. ADV now owns 10,648 shares of the company’s stock valued at $574,000 after acquiring an additional 5,324 shares in the last quarter. Summit Investment Advisory Services LLC acquired a new stake in Vident Core U.S. Equity Fund in the third quarter worth approximately $377,000. Willner & Heller LLC increased its position in shares of Vident Core U.S. Equity Fund by 56.4% during the 3rd quarter. Willner & Heller LLC now owns 6,219 shares of the company’s stock valued at $356,000 after purchasing an additional 2,242 shares during the period. Finally, Commonwealth Equity Services LLC increased its position in shares of Vident Core U.S. Equity Fund by 15.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 5,765 shares of the company’s stock valued at $312,000 after purchasing an additional 755 shares during the period.

Vident Core U.S. Equity Fund Company Profile

(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.