ActivePassive International Equity ETF (NYSEARCA:APIE) Sets New 12-Month High – Time to Buy?

ActivePassive International Equity ETF (NYSEARCA:APIEGet Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $39.58 and last traded at $39.45, with a volume of 7987 shares traded. The stock had previously closed at $39.37.

ActivePassive International Equity ETF Stock Up 0.8%

The firm has a market capitalization of $1.19 billion, a PE ratio of 16.03 and a beta of 0.69. The firm’s fifty day simple moving average is $38.46 and its 200-day simple moving average is $37.61.

Institutional Trading of ActivePassive International Equity ETF

An institutional investor recently bought a new stake in ActivePassive International Equity ETF stock. Harbor Investment Advisory LLC bought a new position in ActivePassive International Equity ETF (NYSEARCA:APIEFree Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,624 shares of the company’s stock, valued at approximately $63,000.

About ActivePassive International Equity ETF

(Get Free Report)

The ActivePassive International Equity ETF (APIE) is an exchange-traded fund that is based on the S&P Classic ADR Composite index. The fund is an actively managed fund that utilizes a core and explore investment strategy in pursuing international equity exposure. The strategy blends passive and active approach to optimize cost, tracking and potential return over its benchmark index. APIE was launched on May 3, 2023 and is managed by Envestnet.

Further Reading

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