ActivePassive U.S. Equity ETF (NYSEARCA:APUE) Sees Large Volume Increase – What’s Next?

Shares of ActivePassive U.S. Equity ETF (NYSEARCA:APUE) saw an uptick in trading volume on Wednesday . 884,843 shares changed hands during trading, an increase of 492% from the previous session’s volume of 149,542 shares.The stock last traded at $37.13 and had previously closed at $36.86.

ActivePassive U.S. Equity ETF Stock Up 0.7 %

The stock has a market capitalization of $1.64 billion, a P/E ratio of 22.59 and a beta of 1.01. The business has a fifty day moving average price of $36.53 and a 200-day moving average price of $35.24.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ActivePassive U.S. Equity ETF stock. Pinnacle Bancorp Inc. raised its position in ActivePassive U.S. Equity ETF (NYSEARCA:APUE) by 152.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,157 shares of the company’s stock after acquiring an additional 2,510 shares during the quarter. Pinnacle Bancorp Inc.’s holdings in ActivePassive U.S. Equity ETF were worth $149,000 at the end of the most recent quarter.

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.