ActivePassive U.S. Equity ETF (NYSEARCA:APUE – Get Free Report) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 31,762 shares, a growth of 320.1% from the July 15th total of 7,560 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 73,695 shares, the short-interest ratio is currently 0.4 days.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC lifted its position in ActivePassive U.S. Equity ETF by 1,622.9% in the 4th quarter. NewEdge Advisors LLC now owns 29,221 shares of the company’s stock worth $1,218,000 after buying an additional 27,525 shares in the last quarter. Harbor Investment Advisory LLC bought a new position in shares of ActivePassive U.S. Equity ETF in the 2nd quarter valued at approximately $176,000. Finally, JPMorgan Chase & Co. acquired a new stake in shares of ActivePassive U.S. Equity ETF in the third quarter worth $154,000.
ActivePassive U.S. Equity ETF Stock Down 0.2%
APUE traded down $0.10 during trading on Friday, reaching $48.01. The stock had a trading volume of 84,317 shares, compared to its average volume of 124,986. ActivePassive U.S. Equity ETF has a 1-year low of $38.64 and a 1-year high of $48.17. The stock has a 50 day moving average of $46.18 and a two-hundred day moving average of $44.00. The firm has a market capitalization of $2.52 billion, a price-to-earnings ratio of 23.42 and a beta of 1.00.
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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