ActivePassive U.S. Equity ETF (NYSEARCA:APUE) Sees Large Volume Increase – What’s Next?

Shares of ActivePassive U.S. Equity ETF (NYSEARCA:APUE) saw strong trading volume on Friday . 100,814 shares changed hands during trading, an increase of 3% from the previous session’s volume of 97,944 shares.The stock last traded at $42.2740 and had previously closed at $42.06.

ActivePassive U.S. Equity ETF Trading Up 0.0%

The business has a 50 day moving average of $41.82 and a 200-day moving average of $40.54. The firm has a market capitalization of $2.20 billion, a P/E ratio of 23.42 and a beta of 1.02.

Institutional Trading of ActivePassive U.S. Equity ETF

Institutional investors have recently modified their holdings of the company. NewEdge Advisors LLC bought a new position in shares of ActivePassive U.S. Equity ETF during the first quarter worth about $58,000. Wedbush Securities Inc. boosted its position in ActivePassive U.S. Equity ETF by 40.9% during the 2nd quarter. Wedbush Securities Inc. now owns 82,562 shares of the company’s stock worth $3,105,000 after acquiring an additional 23,952 shares during the last quarter. Finally, JPMorgan Chase & Co. acquired a new stake in shares of ActivePassive U.S. Equity ETF in the third quarter valued at approximately $154,000.

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.