ActivePassive U.S. Equity ETF (NYSEARCA:APUE – Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 51,190 shares, a growth of 165.9% from the October 15th total of 19,254 shares. Based on an average daily volume of 95,308 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the company’s shares are sold short.
ActivePassive U.S. Equity ETF Stock Performance
Shares of APUE stock opened at $46.76 on Friday. The company has a market cap of $2.46 billion, a P/E ratio of 22.26 and a beta of 1.00. The stock has a 50 day simple moving average of $47.17 and a two-hundred day simple moving average of $45.03. ActivePassive U.S. Equity ETF has a fifty-two week low of $38.77 and a fifty-two week high of $48.17.
Hedge Funds Weigh In On ActivePassive U.S. Equity ETF
A number of institutional investors and hedge funds have recently modified their holdings of the business. Wedbush Securities Inc. acquired a new stake in shares of ActivePassive U.S. Equity ETF during the 3rd quarter worth approximately $4,012,000. Capital Asset Managemnet LLC increased its stake in shares of ActivePassive U.S. Equity ETF by 51.9% in the 3rd quarter. Capital Asset Managemnet LLC now owns 21,367 shares of the company’s stock valued at $1,004,000 after acquiring an additional 7,303 shares in the last quarter. Finally, Harbor Investment Advisory LLC acquired a new position in shares of ActivePassive U.S. Equity ETF during the 2nd quarter valued at $176,000.
ActivePassive U.S. Equity ETF Company Profile
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
- Five stocks we like better than ActivePassive U.S. Equity ETF
- Checkmate for AI Chips? NVIDIA’s Crisis Opens the Board
- Can NVIDIA Maintain Its Momentum Without Huang?
- Six Flags Lost $366 Million in Q3—Its Insiders Just Went Shopping
- What Went Wrong With Amprius Technologies’ Q3? Less Than You’d Think
Receive News & Ratings for ActivePassive U.S. Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ActivePassive U.S. Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
