ActivePassive International Equity ETF (NYSEARCA:APIE) Sees Large Volume Increase – What’s Next?

ActivePassive International Equity ETF (NYSEARCA:APIE) saw strong trading volume on Tuesday . 134,926 shares were traded during trading, an increase of 76% from the previous session’s volume of 76,796 shares.The stock last traded at $29.12 and had previously closed at $28.48.

ActivePassive International Equity ETF Trading Up 1.1 %

The firm has a market cap of $826.16 million, a P/E ratio of 16.41 and a beta of 0.90. The business’s fifty day simple moving average is $30.03 and its 200-day simple moving average is $29.54.

Institutional Investors Weigh In On ActivePassive International Equity ETF

A hedge fund recently raised its stake in ActivePassive International Equity ETF stock. Pinnacle Bancorp Inc. grew its stake in shares of ActivePassive International Equity ETF (NYSEARCA:APIE) by 189.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,586 shares of the company’s stock after purchasing an additional 1,692 shares during the period. Pinnacle Bancorp Inc.’s holdings in ActivePassive International Equity ETF were worth $72,000 as of its most recent SEC filing.

ActivePassive International Equity ETF Company Profile

The ActivePassive International Equity ETF (APIE) is an exchange-traded fund that is based on the S&P Classic ADR Composite index. The fund is an actively managed fund that utilizes a core and explore investment strategy in pursuing international equity exposure. The strategy blends passive and active approach to optimize cost, tracking and potential return over its benchmark index.