Shares of ActivePassive U.S. Equity ETF (NYSEARCA:APUE – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $43.97 and last traded at $43.89, with a volume of 48014 shares changing hands. The stock had previously closed at $43.68.
ActivePassive U.S. Equity ETF Stock Performance
The firm’s 50 day moving average is $41.67 and its 200-day moving average is $41.73. The firm has a market cap of $2.41 billion, a price-to-earnings ratio of 23.42 and a beta of 1.01.
Institutional Investors Weigh In On ActivePassive U.S. Equity ETF
A hedge fund recently raised its stake in ActivePassive U.S. Equity ETF stock. NewEdge Advisors LLC boosted its position in shares of ActivePassive U.S. Equity ETF (NYSEARCA:APUE – Free Report) by 1,622.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,221 shares of the company’s stock after acquiring an additional 27,525 shares during the period. NewEdge Advisors LLC owned 0.06% of ActivePassive U.S. Equity ETF worth $1,218,000 at the end of the most recent quarter.
About ActivePassive U.S. Equity ETF
The ActivePassive U.S. Equity ETF (APUE) is an exchange-traded fund that is based on the CRSP US Large Cap index. The fund blends an active and passive management approach to build its portfolio. The fund aims to optimize costs, tracking and potentially produce higher returns by shifting exposure between active and passive investments in the broad US equity market APUE was launched on May 3, 2023 and is managed by Envestnet.
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