ActivePassive International Equity ETF (NYSEARCA:APIE) Reaches New 12-Month High – Here’s What Happened

Shares of ActivePassive International Equity ETF (NYSEARCA:APIE) reached a new 52-week high on Monday . The stock traded as high as $37.00 and last traded at $36.6460, with a volume of 498 shares traded. The stock had previously closed at $36.69.

ActivePassive International Equity ETF Trading Up 0.6%

The company has a market capitalization of $957.69 million, a P/E ratio of 16.03 and a beta of 0.68. The business’s fifty day moving average price is $35.96 and its 200-day moving average price is $34.50.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ActivePassive International Equity ETF stock. Wedbush Securities Inc. grew its position in shares of ActivePassive International Equity ETF (NYSEARCA:APIE) by 33.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,843 shares of the company’s stock after purchasing an additional 11,559 shares during the quarter. Wedbush Securities Inc. owned approximately 0.18% of ActivePassive International Equity ETF worth $1,527,000 as of its most recent SEC filing.

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.