ActivePassive U.S. Equity ETF (NYSEARCA:APUE) Hits New 52-Week High – Here’s What Happened

ActivePassive U.S. Equity ETF (NYSEARCA:APUEGet Free Report)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $45.82 and last traded at $45.81, with a volume of 79808 shares changing hands. The stock had previously closed at $45.45.

ActivePassive U.S. Equity ETF Stock Performance

The company has a market capitalization of $2.49 billion, a PE ratio of 23.42 and a beta of 1.00. The company has a 50 day moving average price of $42.64 and a 200 day moving average price of $42.16.

Hedge Funds Weigh In On ActivePassive U.S. Equity ETF

A hedge fund recently bought a new stake in ActivePassive U.S. Equity ETF stock. NewEdge Advisors LLC acquired a new position in shares of ActivePassive U.S. Equity ETF (NYSEARCA:APUEFree Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,696 shares of the company’s stock, valued at approximately $58,000.

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.

Further Reading

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