ActivePassive U.S. Equity ETF (NYSEARCA:APUE) Reaches New 12-Month High – Here’s What Happened

ActivePassive U.S. Equity ETF (NYSEARCA:APUE) reached a new 52-week high on Tuesday . The company traded as high as $45.35 and last traded at $45.26, with a volume of 82641 shares. The stock had previously closed at $45.23.

ActivePassive U.S. Equity ETF Stock Up 0.1%

The business’s 50 day simple moving average is $41.99 and its two-hundred day simple moving average is $41.92. The stock has a market cap of $2.47 billion, a P/E ratio of 23.42 and a beta of 1.00.

Institutional Trading of ActivePassive U.S. Equity ETF

An institutional investor recently raised its position in ActivePassive U.S. Equity ETF stock. NewEdge Advisors LLC increased its holdings in ActivePassive U.S. Equity ETF (NYSEARCA:APUE) by 1,622.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 29,221 shares of the company’s stock after purchasing an additional 27,525 shares during the quarter. NewEdge Advisors LLC owned approximately 0.06% of ActivePassive U.S. Equity ETF worth $1,218,000 at the end of the most recent reporting period.

ActivePassive U.S. Equity ETF Company Profile

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.