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

ActivePassive International Equity ETF (NYSEARCA:APIE)’s share price hit a new 52-week high on Monday . The stock traded as high as $40.13 and last traded at $39.89, with a volume of 20186 shares. The stock had previously closed at $40.00.

ActivePassive International Equity ETF Trading Down 0.0%

The stock has a 50 day simple moving average of $38.57 and a 200-day simple moving average of $37.68. The firm has a market cap of $1.17 billion, a PE ratio of 16.03 and a beta of 0.69.

Institutional Trading of ActivePassive International Equity ETF

A hedge fund recently bought a new stake in ActivePassive International Equity ETF stock. Harbor Investment Advisory LLC bought a new stake in shares of ActivePassive International Equity ETF (NYSEARCA:APIE) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,624 shares of the company’s stock, valued at approximately $63,000.

ActivePassive International Equity ETF Company Profile

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.