Vident International Equity Strategy ETF (NYSEARCA:VIDI) Stock Price Up 0.2% – Here’s What Happened

Shares of Vident International Equity Strategy ETF (NYSEARCA:VIDI) were up 0.2% during trading on Wednesday . The company traded as high as $39.62 and last traded at $39.54. Approximately 4,976 shares traded hands during trading, a decline of 79% from the average daily volume of 23,907 shares. The stock had previously closed at $39.48.

Vident International Equity Strategy ETF Stock Up 1.0%

The company has a 50 day moving average price of $39.41 and a 200-day moving average price of $38.30. The company has a market cap of $446.88 million, a price-to-earnings ratio of 9.79 and a beta of 0.77.

Hedge Funds Weigh In On Vident International Equity Strategy ETF

A hedge fund recently raised its position in Vident International Equity Strategy ETF stock. Strategic Blueprint LLC raised its position in shares of Vident International Equity Strategy ETF (NYSEARCA:VIDI) by 1.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 22,850 shares of the company’s stock after purchasing an additional 330 shares during the quarter. Strategic Blueprint LLC owned approximately 0.20% of Vident International Equity Strategy ETF worth $770,000 at the end of the most recent 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.