Wedbush Securities Inc. Purchases New Stake in ActivePassive U.S. Equity ETF $APUE

Wedbush Securities Inc. purchased a new position in shares of ActivePassive U.S. Equity ETF (NYSEARCA:APUE) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 85,392 shares of the company’s stock, valued at approximately $4,012,000.

Separately, Harbor Investment Advisory LLC acquired a new position in ActivePassive U.S. Equity ETF in the second quarter valued at approximately $176,000.

ActivePassive U.S. Equity ETF Trading Down 0.4%

ActivePassive U.S. Equity ETF stock traded down $0.20 during mid-day trading on Friday, hitting $46.92. The company’s stock had a trading volume of 80,189 shares, compared to its average volume of 120,981. The firm has a market capitalization of $2.47 billion, a PE ratio of 23.42 and a beta of 1.00. ActivePassive U.S. Equity ETF has a 1 year low of $38.77 and a 1 year high of $48.17. The stock’s fifty day moving average is $47.34 and its two-hundred day moving average is $46.07.

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.