ActivePassive U.S. Equity ETF (NYSEARCA:APUE) Hits New 12-Month High – What’s Next?

Shares of ActivePassive U.S. Equity ETF (NYSEARCA:APUEGet Free Report) hit a new 52-week high on Friday . The company traded as high as $46.64 and last traded at $46.64, with a volume of 79065 shares changing hands. The stock had previously closed at $46.43.

ActivePassive U.S. Equity ETF Stock Performance

The firm has a market capitalization of $2.57 billion, a PE ratio of 23.42 and a beta of 1.00. The firm’s 50-day moving average is $45.68 and its 200 day moving average is $43.24.

Institutional Trading of ActivePassive U.S. Equity ETF

Several large investors have recently modified their holdings of APUE. NewEdge Advisors LLC raised its position in shares of ActivePassive U.S. Equity ETF by 1,622.9% during the 4th quarter. NewEdge Advisors LLC now owns 29,221 shares of the company’s stock worth $1,218,000 after purchasing an additional 27,525 shares during the last quarter. Harbor Investment Advisory LLC purchased a new stake in ActivePassive U.S. Equity ETF in the 2nd quarter valued at approximately $176,000. Finally, JPMorgan Chase & Co. acquired a new stake in ActivePassive U.S. Equity ETF during the 3rd quarter valued at $154,000.

ActivePassive U.S. Equity ETF Company Profile

(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.

Further Reading

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