ActivePassive U.S. Equity ETF (NYSEARCA:APUE) Hits New 1-Year High – Here’s Why

ActivePassive U.S. Equity ETF (NYSEARCA:APUEGet Free Report)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $45.82 and last traded at $45.81, with a volume of 79808 shares trading hands. The stock had previously closed at $45.45.

ActivePassive U.S. Equity ETF Trading Up 0.7%

The firm has a fifty day moving average of $42.55 and a two-hundred day moving average of $42.13. The company has a market cap of $2.50 billion, a PE ratio of 23.42 and a beta of 1.00.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ActivePassive U.S. Equity ETF stock. NewEdge Advisors LLC bought a new stake in shares of ActivePassive U.S. Equity ETF (NYSEARCA:APUEFree Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,696 shares of the company’s stock, valued at approximately $58,000.

About ActivePassive U.S. Equity ETF

(Get Free Report)

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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