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

Vident International Equity Strategy ETF (NYSEARCA:VIDI) rose 0.5% during trading on Monday . The company 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 Stock Performance

The company’s fifty day moving average is $26.05 and its two-hundred day moving average is $25.70. The company has a market cap of $372.05 million, a price-to-earnings 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 stake in shares of Vident International Equity Strategy ETF (NYSEARCA:VIDI) by 565.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 171,263 shares of the company’s stock after purchasing an additional 145,541 shares during the period. 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 Securities & Exchange Commission.

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.