ActivePassive U.S. Equity ETF (NYSEARCA:APUE – Get Free Report) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 17,234 shares, a decline of 45.7% from the July 30th total of 31,762 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 82,839 shares, the short-interest ratio is presently 0.2 days.
Hedge Funds Weigh In On ActivePassive U.S. Equity ETF
Large investors have recently made changes to their positions in the business. NewEdge Advisors LLC boosted its stake in ActivePassive U.S. Equity ETF by 1,622.9% in the 4th quarter. NewEdge Advisors LLC now owns 29,221 shares of the company’s stock worth $1,218,000 after purchasing an additional 27,525 shares during the period. Harbor Investment Advisory LLC purchased a new stake in ActivePassive U.S. Equity ETF in the 2nd quarter worth $176,000. Finally, JPMorgan Chase & Co. purchased a new stake in ActivePassive U.S. Equity ETF in the 3rd quarter worth $154,000.
ActivePassive U.S. Equity ETF Stock Performance
Shares of NYSEARCA APUE traded down $0.18 during midday trading on Friday, hitting $47.43. 398,702 shares of the stock traded hands, compared to its average volume of 125,725. The firm has a market capitalization of $2.49 billion, a P/E ratio of 23.42 and a beta of 1.00. ActivePassive U.S. Equity ETF has a one year low of $38.77 and a one year high of $48.17. The firm has a 50-day moving average of $46.59 and a two-hundred day moving average of $44.37.
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.
Recommended Stories
- Five stocks we like better than ActivePassive U.S. Equity ETF
- Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally
- Rubrik’s AI Security Bet Could Power the Next Leg Higher
- Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All
- Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?
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.
