Vident International Equity Strategy ETF (NYSEARCA:VIDI) Trading 0.5% Higher – Here’s What Happened

Shares of Vident International Equity Strategy ETF (NYSEARCA:VIDI) shot up 0.5% during mid-day trading on Wednesday . The company traded as high as $25.62 and last traded at $25.57. 22,198 shares traded hands during trading, a decline of 38% from the average session volume of 35,978 shares. The stock had previously closed at $25.44.

Vident International Equity Strategy ETF Stock Up 0.5 %

The company has a market cap of $380.99 million, a P/E ratio of 6.71 and a beta of 0.82. The company has a 50 day moving average price of $25.41 and a 200-day moving average price of $25.65.

Hedge Funds Weigh In On Vident International Equity Strategy ETF

A hedge fund recently raised its stake in Vident International Equity Strategy ETF stock. Flow Traders U.S. LLC grew its position in shares of Vident International Equity Strategy ETF (NYSEARCA:VIDI) by 565.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 171,263 shares of the company’s stock after purchasing an additional 145,541 shares during the quarter. Flow Traders U.S. LLC owned 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.