Vident U.S. Equity Strategy ETF (NYSEARCA:VUSE) Stock Price Down 0.6% – Should You Sell?

Vident U.S. Equity Strategy ETF (NYSEARCA:VUSE)’s stock price fell 0.6% during trading on Tuesday . The company traded as low as $66.04 and last traded at $66.27. 5,013 shares changed hands during trading, a decline of 67% from the average session volume of 15,338 shares. The stock had previously closed at $66.66.

Vident U.S. Equity Strategy ETF Price Performance

The firm has a market capitalization of $649.45 million, a P/E ratio of 25.18 and a beta of 1.15. The business’s 50-day moving average is $65.10 and its 200 day moving average is $61.42.

Institutional Investors Weigh In On Vident U.S. Equity Strategy ETF

A number of large investors have recently bought and sold shares of VUSE. Nova Wealth Management Inc. boosted its stake in shares of Vident U.S. Equity Strategy ETF by 101.8% in the 1st quarter. Nova Wealth Management Inc. now owns 765 shares of the company’s stock valued at $43,000 after purchasing an additional 386 shares in the last quarter. Jones Financial Companies Lllp acquired a new stake in shares of Vident U.S. Equity Strategy ETF in the 1st quarter valued at approximately $46,000. Cetera Investment Advisers acquired a new stake in shares of Vident U.S. Equity Strategy ETF in the 1st quarter valued at approximately $250,000. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Vident U.S. Equity Strategy ETF in the 4th quarter valued at approximately $405,000. Finally, Strategic Blueprint LLC acquired a new stake in shares of Vident U.S. Equity Strategy ETF in the 2nd quarter valued at approximately $615,000.

About Vident U.S. Equity Strategy ETF

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.