ActivePassive International Equity ETF (NYSEARCA:APIE) Sets New 1-Year High – Should You Buy?

ActivePassive International Equity ETF (NYSEARCA:APIEGet Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $39.58 and last traded at $39.45, with a volume of 7987 shares traded. The stock had previously closed at $39.37.

ActivePassive International Equity ETF Price Performance

The business has a 50 day moving average of $38.46 and a 200 day moving average of $37.61. The company has a market cap of $1.19 billion, a PE ratio of 16.03 and a beta of 0.69.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in ActivePassive International Equity ETF stock. Harbor Investment Advisory LLC purchased a new stake in shares of ActivePassive International Equity ETF (NYSEARCA:APIEFree Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,624 shares of the company’s stock, valued at approximately $63,000.

About ActivePassive International Equity ETF

(Get Free Report)

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. APIE was launched on May 3, 2023 and is managed by Envestnet.

Further Reading

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