ActivePassive U.S. Equity ETF (NYSEARCA:APUE – Get Free Report)’s share price fell 0.4% on Monday . The company traded as low as $39.29 and last traded at $39.32. 81,907 shares traded hands during mid-day trading, a decline of 41% from the average session volume of 137,958 shares. The stock had previously closed at $39.49.
ActivePassive U.S. Equity ETF Stock Performance
The stock’s 50 day simple moving average is $38.15 and its two-hundred day simple moving average is $35.90. The firm has a market capitalization of $2.00 billion, a PE ratio of 23.42 and a beta of 1.03.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in APUE. First Horizon Advisors Inc. boosted its holdings in shares of ActivePassive U.S. Equity ETF by 2.5% during the 1st quarter. First Horizon Advisors Inc. now owns 15,889 shares of the company’s stock worth $540,000 after purchasing an additional 381 shares during the last quarter. Financial Gravity Asset Management Inc. acquired a new position in shares of ActivePassive U.S. Equity ETF during the 1st quarter worth approximately $42,000. Wedbush Securities Inc. boosted its holdings in shares of ActivePassive U.S. Equity ETF by 86.2% during the 1st quarter. Wedbush Securities Inc. now owns 58,610 shares of the company’s stock worth $1,992,000 after purchasing an additional 27,136 shares during the last quarter. Finally, NewEdge Advisors LLC acquired a new position in shares of ActivePassive U.S. Equity ETF during the 1st quarter worth approximately $58,000.
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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