Vident International Equity Strategy ETF (NYSEARCA:VIDI) Shares Down 0.3% – Should You Sell?

Shares of Vident International Equity Strategy ETF (NYSEARCA:VIDI) fell 0.3% during trading on Tuesday . The company traded as low as $35.21 and last traded at $35.27. 28,015 shares changed hands during mid-day trading, a decline of 56% from the average session volume of 63,401 shares. The stock had previously closed at $35.37.

Vident International Equity Strategy ETF Stock Performance

The firm has a market capitalization of $409.13 million, a PE ratio of 9.79 and a beta of 0.82. The stock’s 50 day simple moving average is $33.80 and its two-hundred day simple moving average is $32.29.

Institutional Trading of Vident International Equity Strategy ETF

Several large investors have recently added to or reduced their stakes in the stock. Strategic Blueprint LLC acquired a new stake in shares of Vident International Equity Strategy ETF in the 2nd quarter worth $587,000. Jones Financial Companies Lllp grew its holdings in shares of Vident International Equity Strategy ETF by 27.7% in the third quarter. Jones Financial Companies Lllp now owns 21,363 shares of the company’s stock valued at $680,000 after purchasing an additional 4,636 shares during the period. Finally, Flow Traders U.S. LLC increased 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 worth $6,006,000 after purchasing an additional 127,084 shares during the last quarter.

Vident International Equity Strategy ETF Company Profile

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.