Vident International Equity Strategy ETF (NYSEARCA:VIDI) Trading 0.5% Higher – Should You Buy?

Shares of Vident International Equity Strategy ETF (NYSEARCA:VIDI) were up 0.5% on Monday . The stock traded as high as $24.98 and last traded at $24.97. Approximately 23,088 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 30,000 shares. The stock had previously closed at $24.84.

Vident International Equity Strategy ETF Trading Up 0.5 %

The company’s 50 day moving average is $26.05 and its 200-day moving average is $25.70. The stock has a market cap of $372.05 million, a PE ratio of 6.71 and a beta of 0.82.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Vident International Equity Strategy ETF stock. Flow Traders U.S. LLC increased its holdings in Vident International Equity Strategy ETF (NYSEARCA:VIDI) by 565.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 171,263 shares of the company’s stock after buying an additional 145,541 shares during the period. Flow Traders U.S. LLC owned about 1.15% of Vident International Equity Strategy ETF worth $4,620,000 as of its most recent filing with the SEC.

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.