ActivePassive U.S. Equity ETF (NYSEARCA:APUE – Get Free Report) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 17,234 shares, a drop of 45.7% from the July 30th total of 31,762 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 82,839 shares, the days-to-cover ratio is currently 0.2 days.
ActivePassive U.S. Equity ETF Trading Down 0.2%
APUE traded down $0.10 on Monday, hitting $47.33. The company had a trading volume of 152,093 shares, compared to its average volume of 125,884. The firm has a market cap of $2.48 billion, a P/E 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 company’s fifty day moving average price is $46.59 and its 200 day moving average price is $44.39.
Institutional Investors Weigh In On ActivePassive U.S. Equity ETF
Institutional investors and hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC acquired a new position in shares of ActivePassive U.S. Equity ETF in the 1st quarter worth approximately $58,000. JPMorgan Chase & Co. purchased a new position in shares of ActivePassive U.S. Equity ETF during the 3rd quarter worth approximately $154,000. Finally, Harbor Investment Advisory LLC acquired a new stake in ActivePassive U.S. Equity ETF in the 2nd quarter valued at approximately $176,000.
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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