Vident U.S. Equity Strategy ETF (NYSEARCA:VUSE) Stock Price Down 0.7% – Should You Sell?

Vident U.S. Equity Strategy ETF (NYSEARCA:VUSEGet Free Report) fell 0.7% on Tuesday . The company traded as low as $71.71 and last traded at $71.81. 5,739 shares traded hands during trading, a decline of 72% from the average session volume of 20,161 shares. The stock had previously closed at $72.31.

Vident U.S. Equity Strategy ETF Price Performance

The stock has a market capitalization of $689.51 million, a PE ratio of 25.18 and a beta of 0.94. The firm’s 50 day simple moving average is $70.87 and its 200 day simple moving average is $67.52.

Hedge Funds Weigh In On Vident U.S. Equity Strategy ETF

A number of hedge funds have recently modified their holdings of the company. Strategic Blueprint LLC raised its holdings in Vident U.S. Equity Strategy ETF by 10.8% in the 4th quarter. Strategic Blueprint LLC now owns 12,626 shares of the company’s stock worth $834,000 after purchasing an additional 1,227 shares in the last quarter. Nova Wealth Management Inc. increased its stake in Vident U.S. Equity Strategy ETF by 283.8% during the 4th quarter. Nova Wealth Management Inc. now owns 1,946 shares of the company’s stock valued at $129,000 after purchasing an additional 1,439 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Vident U.S. Equity Strategy ETF by 8.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 126,313 shares of the company’s stock worth $7,156,000 after acquiring an additional 9,500 shares during the last quarter. Finally, Jones Financial Companies Lllp purchased a new position in shares of Vident U.S. Equity Strategy ETF in the first quarter worth $46,000.

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.

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