SecurityEGOV / NIC, Inc.
InstitutionVident Investment Advisory, LLC
Shares57,997
Value $ 902,000

Vident Investment Advisory, LLC reports 21.91% increase in ownership of EGOV / NIC, Inc.

August 14, 2018 - Vident Investment Advisory, LLC has filed a 13F-HR form disclosing ownership of 57,997 shares of NIC, Inc. (NASDAQ:EGOV) with total holdings valued at $902,000 USD as of June 30, 2018. Vident Investment Advisory, LLC had filed a previous 13F-HR on May 14, 2018 disclosing 47,573 shares of NIC, Inc. at a value of $683,000 USD. This represents a change in shares of 21.91 percent and a change in value of 32.06 percent during the quarter.

Other investors with positions similar to Vident Investment Advisory, LLC include Isthmus Partners, Llc, U S Global Investors Inc, Citigroup Inc, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Barclays Plc, and Marshall Wace North America L.P..

NIC, Inc. has declared a standard industrial code (sic) of 7389 which is the "Business Services, Not Elsewhere Classified" industry. Vident Investment Advisory, LLC's top industries are "Agriculture production livestock and animal specialties" (sic 02), "Mining And Quarrying Of Nonmetallic Minerals, Except Fuels" (sic 14), and "Metal Mining" (sic 10).

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-06-30 13F-HR NIC COM 62914B100 14.95 57,997 21.91 902 32.06 156 63 9.24
2018-03-31 13F-HR NIC COM 62914B100 15.47 47,573 39.20 683 20.46 207 -91 -16.10
2017-12-31 13F-HR NIC COM 62914B100 16.87 34,176 78.78 567 72.87 254 -15 -4.61
2017-09-30 13F-HR NIC COM 62914B100 19,116 328 328 0
2015-09-30 13F-HR NIC COM 62914B100 0 -100.00 0 -100.00 0 0
2015-06-30 13F-HR NIC COM 62914B100 17.97 82,289 4.47 1,504 8.05 63 49 3.50
2015-03-31 13F-HR NIC COM 62914B100 17.83 78,768 78.88 1,392 75.76 619 -19 -2.44
2014-12-31 13F-HR NIC COM 62914B100 44,033 792


CUSIP: 62914B100