ActivePassive U.S. Equity ETF (NYSEARCA:APUE) Hits New 12-Month High – Time to Buy?

Shares of ActivePassive U.S. Equity ETF (NYSEARCA:APUEGet Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $46.70 and last traded at $46.69, with a volume of 37942 shares. The stock had previously closed at $46.12.

ActivePassive U.S. Equity ETF Stock Performance

The company’s 50-day moving average price is $45.93 and its two-hundred day moving average price is $43.66. The stock has a market cap of $2.51 billion, a PE ratio of 23.42 and a beta of 1.00.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC purchased a new stake in ActivePassive U.S. Equity ETF during the first quarter valued at about $58,000. JPMorgan Chase & Co. bought a new stake in ActivePassive U.S. Equity ETF during the third quarter worth about $154,000. Finally, Harbor Investment Advisory LLC purchased a new position in shares of ActivePassive U.S. Equity ETF in the 2nd quarter worth about $176,000.

ActivePassive U.S. Equity ETF Company Profile

(Get Free Report)

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.

See Also

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.