ActivePassive U.S. Equity ETF (NYSEARCA:APUE – Get Free Report) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 19,254 shares, a decline of 75.6% from the September 30th total of 78,764 shares. Based on an average trading volume of 89,348 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.
ActivePassive U.S. Equity ETF Stock Performance
Shares of NYSEARCA APUE traded up $0.17 during midday trading on Wednesday, reaching $47.65. 79,841 shares of the company traded hands, compared to its average volume of 120,470. The firm has a market cap of $2.51 billion, a PE ratio of 23.42 and a beta of 1.00. The stock’s 50-day simple moving average is $47.33 and its 200-day simple moving average is $44.77. ActivePassive U.S. Equity ETF has a 12 month low of $38.77 and a 12 month high of $48.17.
Institutional Investors Weigh In On ActivePassive U.S. Equity ETF
A hedge fund recently bought a new position in ActivePassive U.S. Equity ETF stock. Wedbush Securities Inc. purchased a new stake in shares of ActivePassive U.S. Equity ETF (NYSEARCA:APUE – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 85,392 shares of the company’s stock, valued at approximately $4,012,000. Wedbush Securities Inc. owned about 0.16% of ActivePassive U.S. Equity ETF 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.
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