ActivePassive U.S. Equity ETF (NYSEARCA:APUE – Get Free Report) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 69,145 shares, an increase of 1,383.2% from the June 15th total of 4,662 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 94,197 shares, the days-to-cover ratio is presently 0.7 days.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of APUE. NewEdge Advisors LLC acquired a new stake in ActivePassive U.S. Equity ETF in the 1st quarter worth about $58,000. JPMorgan Chase & Co. acquired a new position in shares of ActivePassive U.S. Equity ETF during the third quarter valued at approximately $154,000. Finally, Harbor Investment Advisory LLC acquired a new position in shares of ActivePassive U.S. Equity ETF during the second quarter valued at approximately $176,000.
ActivePassive U.S. Equity ETF Trading Up 0.3%
NYSEARCA:APUE traded up $0.14 during trading hours on Friday, reaching $46.57. 81,349 shares of the company were exchanged, compared to its average volume of 134,077. The stock’s 50-day moving average is $45.68 and its 200-day moving average is $43.24. The firm has a market cap of $2.57 billion, a PE ratio of 23.42 and a beta of 1.00. ActivePassive U.S. Equity ETF has a twelve month low of $37.60 and a twelve month high of $46.64.
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.
Further Reading
- Five stocks we like better than ActivePassive U.S. Equity ETF
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
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.
