Vident Core U.S. Equity Fund (NYSEARCA:VUSE) Hits New 12-Month High – Should You Buy?

Vident Core U.S. Equity Fund (NYSEARCA:VUSEGet Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The stock 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 business’s fifty day simple moving average is $59.51 and its 200 day simple moving average is $56.32. The stock has a market cap 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 and hedge funds have recently made changes to their positions in VUSE. Foundations Investment Advisors LLC acquired a new stake in Vident Core U.S. Equity Fund in the third quarter valued at $320,000. Summit Investment Advisory Services LLC bought a new position in shares of Vident Core U.S. Equity Fund during the third quarter worth about $377,000. Willner & Heller LLC grew its stake in Vident Core U.S. Equity Fund by 56.4% in the third quarter. Willner & Heller LLC now owns 6,219 shares of the company’s stock worth $356,000 after purchasing an additional 2,242 shares in the last quarter. Kings Path Partners LLC bought a new stake in Vident Core U.S. Equity Fund in the third quarter valued at about $153,000. Finally, Mercer Global Advisors Inc. ADV raised its stake 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 valued at $574,000 after buying an additional 5,324 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.

Further Reading

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