ActivePassive U.S. Equity ETF (NYSEARCA:APUE) Reaches New 52-Week High – Should You Buy?

ActivePassive U.S. Equity ETF (NYSEARCA:APUEGet Free Report) reached a new 52-week high on Monday . The stock traded as high as $38.17 and last traded at $37.99, with a volume of 71447 shares. The stock had previously closed at $37.81.

ActivePassive U.S. Equity ETF Stock Down 0.1%

The stock has a market capitalization of $1.91 billion, a P/E ratio of 23.42 and a beta of 1.03. The firm has a 50 day simple moving average of $36.04 and a two-hundred day simple moving average of $35.38.

Institutional Trading of ActivePassive U.S. Equity ETF

A number of large investors have recently bought and sold shares of APUE. First Horizon Advisors Inc. grew its stake in shares of ActivePassive U.S. Equity ETF by 2.5% in the 1st quarter. First Horizon Advisors Inc. now owns 15,889 shares of the company’s stock valued at $540,000 after buying an additional 381 shares during the period. Financial Gravity Asset Management Inc. acquired a new stake in shares of ActivePassive U.S. Equity ETF in the 1st quarter valued at about $42,000. NewEdge Advisors LLC acquired a new stake in shares of ActivePassive U.S. Equity ETF in the 1st quarter valued at about $58,000. OLD Mission Capital LLC bought a new position in ActivePassive U.S. Equity ETF in the 4th quarter valued at about $391,000. Finally, Wedbush Securities Inc. lifted its position in ActivePassive U.S. Equity ETF by 86.2% in the 1st quarter. Wedbush Securities Inc. now owns 58,610 shares of the company’s stock valued at $1,992,000 after acquiring an additional 27,136 shares in the last quarter.

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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