ActivePassive International Equity ETF (NYSEARCA:APIE) Sets New 52-Week High – Here’s What Happened

ActivePassive International Equity ETF (NYSEARCA:APIE)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $36.62 and last traded at $36.44, with a volume of 61087 shares traded. The stock had previously closed at $36.22.

ActivePassive International Equity ETF Stock Up 0.6%

The firm’s 50-day simple moving average is $34.48 and its 200-day simple moving average is $32.50. The firm has a market capitalization of $952.18 million, a PE ratio of 16.03 and a beta of 0.70.

Hedge Funds Weigh In On ActivePassive International Equity ETF

A hedge fund recently bought a new stake in ActivePassive International Equity ETF stock. Financial Gravity Asset Management Inc. acquired a new stake in ActivePassive International Equity ETF (NYSEARCA:APIE) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 1,186 shares of the company’s stock, valued at approximately $36,000.

About ActivePassive International Equity ETF

The ActivePassive International Equity ETF (APIE) is an exchange-traded fund that is based on the S&P Classic ADR Composite index. The fund is an actively managed fund that utilizes a core and explore investment strategy in pursuing international equity exposure. The strategy blends passive and active approach to optimize cost, tracking and potential return over its benchmark index.