Shares of ActivePassive U.S. Equity ETF (NYSEARCA:APUE – Get Free Report) saw unusually-high trading volume on Wednesday . 161,546 shares traded hands during mid-day trading, an increase of 46% from the previous session’s volume of 111,021 shares.The stock last traded at $45.76 and had previously closed at $46.22.
ActivePassive U.S. Equity ETF Stock Performance
The company’s 50-day moving average price is $45.62 and its 200 day moving average price is $43.22. The stock has a market cap of $2.56 billion, a PE ratio of 23.42 and a beta of 1.00.
Hedge Funds Weigh In On ActivePassive U.S. Equity ETF
A number of hedge funds have recently made changes to their positions in the business. NewEdge Advisors LLC bought a new position in shares of ActivePassive U.S. Equity ETF during the first quarter worth $58,000. JPMorgan Chase & Co. bought a new stake in shares of ActivePassive U.S. Equity ETF in the third quarter worth about $154,000. Finally, Harbor Investment Advisory LLC purchased a new stake in shares of ActivePassive U.S. Equity ETF in the second quarter worth about $176,000.
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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