Vident International Equity Strategy ETF (NYSEARCA:VIDI) Stock Price Up 1.4% – What’s Next?

Vident International Equity Strategy ETF (NYSEARCA:VIDI) traded up 1.4% during mid-day trading on Wednesday . The stock traded as high as $38.21 and last traded at $38.14. 10,721 shares were traded during mid-day trading, a decline of 74% from the average session volume of 42,033 shares. The stock had previously closed at $37.63.

Vident International Equity Strategy ETF Price Performance

The firm’s fifty day moving average is $35.06 and its two-hundred day moving average is $33.06. The firm has a market capitalization of $442.42 million, a PE ratio of 9.79 and a beta of 0.82.

Institutional Trading of Vident International Equity Strategy ETF

A number of hedge funds have recently bought and sold shares of VIDI. Strategic Blueprint LLC bought a new position in Vident International Equity Strategy ETF in the 2nd quarter valued at $587,000. Jones Financial Companies Lllp boosted its holdings in shares of Vident International Equity Strategy ETF by 27.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 21,363 shares of the company’s stock worth $680,000 after buying an additional 4,636 shares during the last quarter. Finally, Flow Traders U.S. LLC grew its position in Vident International Equity Strategy ETF by 211.5% during the third quarter. Flow Traders U.S. LLC now owns 187,165 shares of the company’s stock valued at $6,006,000 after buying an additional 127,084 shares during the period.

About Vident International Equity Strategy ETF

The Vident International Equity Fund (VIDI) is an exchange-traded fund that is based on the Vident Core International Equity index. The fund tracks an index of companies from both developed and emerging markets, ex-US. The fund selects and weights its constituents in a tiered structure based on various risk and fundamental measures. VIDI was launched on Oct 29, 2013 and is managed by Vident.